924 Princess Avenue
London East, N5W 3M6·MLS® X13223490·
Listing courtesy of The Realty Firm INC.·Updated Jun 1
Listing price
$640,000
Est. $3,048/mo
Days on market
Listed Jun 1, 2026
Description
Two separate detached homes on one lot! Discover the perfect blend of character, flexibility, and income potential at 924 Princess Avenue. Steps from 100 Kellogg Lane, local breweries, the Western Fairgrounds, and the Artisan Market, this updated property offers unmatched versatility for multi-generational living, investors, or anyone seeking an Airbnb or mortgage-helper opportunity. The main residence features three spacious bedrooms and two full bathrooms, with three separate main-level entrances-ideal for a variety of living configurations. Formerly used as a duplex (currently a single-family), the layout offers a seamless opportunity to convert back to two units if desired. At the rear of the property, a two level detached garage structure has been re-imagined as a bright, loft-style apartment complete with a full kitchen, bathroom, and in-suite laundry. The upper loft level offers open-concept living with room to add additional bedrooms, perfect for guests, tenants, or short-term stays. Updated and well cared for over the years, this property is move-in ready and full of potential. Whether you choose to live in one home and rent the other, accommodate extended family, or expand your investment portfolio, 924 Princess Avenue delivers exceptional flexibility in a rapidly developing area close to Bus Rapid Transit, shopping, dining, and London's vibrant entertainment district.Note: Main House - 1,815 sq. ft.above grade. Garage Loft - 895 sq.ft. above grade. (System limited to show one structure. Details listed are for main house.)
Property details
Basement
Full, Unfinished
Parking
6 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,275
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$435,000
26 Apeldoorn Crescent, London East
Sold$304,000
706 Nelson Street, London East
See all 10 comparables
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Market conditions · East G
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
$2,560
Rental yield
4.8%
Est. cash flow
-$1,564
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$154,668
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$608,000
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