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227 Sterling Street

London East, N5Y 1Z3·MLS® X13228744·

Listing courtesy of Synergy Realty LTD·Updated Jun 2

For sale
1 / 20
3Beds
1Baths
700-1,100Sqft
Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

12

Listed Jun 2, 2026

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.

Property details

Garage

1 car Detached

Basement

Partially Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$566,947Above Market
$533,953$599,941

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Huron Heights

London East, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

Land transfer tax

Ontario LTT

$7,473

First-time rebate

$4,000

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

Price & listing history

Jun 2, 2026Listed
$549,900

Sold comparables nearby

26 Apeldoorn Crescent, London EastSold

$435,000

26 Apeldoorn Crescent, London East

2 bd·2 ba·1,100-1,500 sqft
996 Waterloo Street, London EastSold

$643,000

996 Waterloo Street, London East

3 bd·1 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · East C

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

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$134,241

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

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AI estimate

$566,947

Above Market

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