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582 Hill Street

London East, N6B 1G1·MLS® X13194462·

Listing courtesy of Sutton Group - Select Realty·Updated May 27

For sale
1 / 27
3Beds
1Baths
700-1,100Sqft
100+Year Built

Listing price

$399,900

Est. $1,905/mo

Days on market

18

Listed May 27, 2026

Description

This well-maintained 3-bedroom bungalow has received several updates in recent years, including the shingles, furnace, ductwork, electric breaker panel, flooring (no carpets), central air conditioning, kitchen, and pantry. The property also features a wood deck with a gazebo and owned hot water heater. Additionally, the enclosed front porch serves as an excellent three-season space.The backyard is fully fenced and flat, extending nearly 200 feet. The outdoor space includes a shed and a 12' x 12' workshop equipped with hydro. The current owners are moving out of town and can be very flexible regarding the possession date. The home is conveniently located close to all local amenities.

Property details

Basement

Unfinished

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$412,297Above Market
$388,303$436,291

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,905
Property tax$433
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,671

Land transfer tax

Ontario LTT

$4,474

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
$399,900

Sold comparables nearby

238 Ridout Street, London SouthSold

$675,000

238 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East K

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

$1,600

Rental yield

4.8%

Est. cash flow

-$1,071

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

$100,157

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

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AI estimate

$412,297

Above Market

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