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$499,900

Est. $2,342/mo mortgage

3bd·1ba·700-1,100sqft

227 Sterling Street · London East, N5Y 1Z3

MLS® X13228744

114 days on market114 days on market

Listed Jun 2, 2026

Listing courtesy of Synergy Realty LTD·Updated 3 days ago

Description

Welcome to 227 Sterling St in one of London's desirable neighborhoods! This charming all-brick bungalow offers comfortable one-floor living with 3 bedrooms and one bathroom, making it an excellent option for first time home buyers, downsizers, or investors. Inside, you'll find beautiful hardwood and tile flooring throughout the main living areas. The bright and functional layout offers a warm and inviting atmosphere ready for your personal touch. Step outside to enjoy the fully fenced backyard backing onto a public-school yard, providing open green space. The detached garage, paved driveway, and multi car parking add both convenience and practicality. Important updates include shingles replaced in 2019 and central air conditioning replaced 2023 for added peace of mind. Located close to schools, parks, shopping, public transit, and many amenities, this property offers excellent value in a desirable area in London. Don't miss your opportunity to make this house your home - book your private showing today.

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Property details

Interior

Interior
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
43.51 × 130.3 ft
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$2,900/yr (2025)

Rooms

Main

Dining Room
4.11 × 2.82 m
Bedroom
3.4 × 3.02 m
Bedroom 2
3.02 × 2.77 m
Bedroom 3
3.56 × 3.02 m
Kitchen
2.62 × 2.61 m
Living Room
4.5 × 3.6 m

Basement

Other
6.02 × 2.25 m
Family Room
10.1 × 4.8 m
Utility Room
3.48 × 2.24 m
Laundry
3.99 × 2.54 m

AI property estimate

$405,853Estimate is ~18.8% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$365,268$446,438

73% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

$4,000

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

Price & listing history

$499,900

Listed Jun 2, 2026

On the market

Sold comparables nearby

479 Woodman Avenue, London EastSold

479 Woodman Avenue, London East

2 bd·1 ba·700-1,100 sqft
110 Thornton Avenue, London EastSold

110 Thornton Avenue, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$491,533

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,450/mo median for 3 bed nearby

$2,450/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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