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98 Cartwright Street

London East, N6B 2W7·MLS® X13193440·

Listing courtesy of Royal Lepage Triland Realty·Updated May 27

For sale
1 / 39
3Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$525,000

Est. $2,500/mo

Days on market

18

Listed May 27, 2026

Description

Amazing duplex located in desirable Woodfield District. This property offers a fantastic opportunity for investors seeking rental income from both units or for homeowners looking to live in one unit while renting out the other. The main unit features three bedrooms and one bathroom along with a charming covered front porch facing west - perfect for enjoying evening sunsets. At the rear, you'll find an enclosed sunroom that provides additional living space and year round enjoyment. The unit is freshly painted. The lower level unit includes two spacious bedrooms and an open-concept layout with a living and dining area complemented by newly installed kitchen cabinets, new flooring in kitchen, living room and dining room as well as freshly painted. The property also features a detached garage currently used for storage as well as a large backyard offering plenty of outdoor space. With its prime location near parks, schools and main bus routes, this property has tremendous potential.

Property details

Garage

1 car Detached

Basement

Apartment, Separate Entrance

Parking

3 spaces

Type

Duplex — Bungalow

Heating

Forced Air

AI property estimate

$525,000At Market
$493,500$556,500

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Woodfield

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,500
Property tax$569
Insurance (est.)$109
Utilities (est.)$250
Total monthly$3,428

Land transfer tax

Ontario LTT

$6,975

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 27, 2026Listed
$525,000

Sold comparables nearby

10 LINWOOD Street, London EastSold

$449,900

10 LINWOOD Street, London East

4 bd·2 ba·1,100-1,500 sqft
636 Queens Avenue, London EastSold

$498,500

636 Queens Avenue, London East

3 bd·2 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · East F

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,100

Rental yield

4.8%

Est. cash flow

-$1,328

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$128,557

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$525,000

At Market

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