453 Bathurst Street
London East, N6B 1P4·MLS® X13214652·
Listing courtesy of Sutton Group Preferred Realty INC.·Updated Jun 2
Listing price
$629,900
Est. $3,000/mo
Days on market
Listed May 29, 2026
Description
Located in nearby heart of downtown London. This solid brick duplex (currently) is a turn-key operation rebuilt approximately 22 years ago. 2 units upper and lower. Approx 700sqft each, two-2 bed units--individual heating systems, tenant pays own utilities (heat, light, water) all separate meters. Parking allows for approximately 8 cars, with separate driveway entrances. No shared common area. Built past current standards at the time of construction, foam insulation main floor walls, double brick, 2x6 construction, sound proofing in ceiling, all fire coded and licensed through the city (licenses provided), separate entrance with commercial steel doors, main floor unit has custom wrought iron screen door. Each unit has gas stand-alone fireplaces that heat the unit with electric baseboard backups. Security cameras system installed monitored through app. Could be converted back to single-use again with inside access to both floors. This is a perfect opportunity to have a small business and still have an income to cover bills. Live in or retain current tenants. The new owner will assume new tenants at the time of closing. Take note of the Zoning Description in Docs. Many Uses under the BDC (35)H13Business District Commercial Area View Doc for rent. Roll. Do not go direct. L/A will coordinate with tenants
Property details
Basement
Half
Parking
8 spaces
Type
Duplex — 2-Storey
Heating
Baseboard
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,073
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$498,500
636 Queens Avenue, London East
Sold$460,000
717 Central Avenue, London East
See all 10 comparables
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Market conditions · East K
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
$2,520
Rental yield
4.8%
Est. cash flow
-$1,543
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$152,379
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$649,427
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