139 DELAWARE Street
London East, N5Z 2N6·MLS® X13197860·
Listing courtesy of Team Glasser Real Estate Brokerage INC.·Updated May 29
Listing price
$560,000
Est. $2,667/mo
Days on market
Listed May 27, 2026
Description
139 Delaware Street presents a rare opportunity to own a beautifully renovated multi-family property featuring three self-contained 1-bedroom, 1-bathroom units, each thoughtfully updated with modern finishes and private ensuite laundry. Extensively renovated throughout, the property offers newer kitchens, updated flooring, fresh paint, and a clean, contemporary feel in every unit. The rear and lower suites each enjoy their own private fenced outdoor oasis - perfect for relaxing or entertaining. The detached garage has been fully renovated with new siding, roof, garage door, insulation, and air conditioning, creating an ideal workshop, studio, or additional flex space. Ample parking for up to six vehicles. The remaining two units are owner-occupied and will be delivered vacant upon closing, providing excellent flexibility for investors or owner-occupants. Additional updates include a new furnace (2024) and a newer tankless water heater (2022). A turnkey investment opportunity with strong income potential in a versatile and beautifully updated property.
Property details
Garage
1 car Detached
Basement
Partially Finished, Full
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,675
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$420,000
227 Ellsworth Avenue, London East
Sold$445,000
20 Coventry Avenue, London East
See all 10 comparables
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Market conditions · East M
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
$2,240
Rental yield
4.8%
Est. cash flow
-$1,401
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$136,530
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$532,000
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