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151 Hale Street

London East, N5W 1E5·MLS® X13243392·

Listing courtesy of Right At Home Realty·Updated 3 days ago

For sale
1 / 27
2Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$489,000

Est. $2,329/mo

Days on market

10

Listed Jun 4, 2026

Description

This well-maintained home sits on an impressive 412-foot-deep, fully fenced lot offering exceptional space and opportunity. The long single driveway easily accommodates multiple vehicles, trailers, or recreational toys, with ample room to build a future shop or detached garage if desired. The main level features a spacious primary bedroom, a second well-sized bedroom, a full 4-piece bath, and bright, comfortable living and dining areas that flow seamlessly into the kitchen - ideal for everyday living. A separate entrance provides added flexibility and excellent potential for an in-law suite or future income setup. The finished lower level expands your living space with a large rec room, a 3-piece bath with laundry, and a generous utility room offering outstanding storage options. Furnace and A/C (heat pump) updated in 2023 (rental). Conveniently located with quick access to Hwy 401, downtown London, and Fanshawe College, this property is close to banks, grocery stores, restaurants, gas stations, and everyday amenities. Nearby walking trails provide a peaceful escape from the hustle and bustle. A fantastic opportunity for homeowners and investors alike - offering space, versatility, and excellent value.

Property details

Basement

Full, Separate Entrance, Partially Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$469,440Below Market
$440,100$498,780

82% confidence · 4 comparable sales analysed

Location & neighbourhood

East O

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,329
Property tax$530
Insurance (est.)$102
Utilities (est.)$250
Total monthly$3,211

Land transfer tax

Ontario LTT

$6,255

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 4, 2026Listed
$489,000

Sold comparables nearby

227 Ellsworth Avenue, London EastSold

$420,000

227 Ellsworth Avenue, London East

3 bd·2 ba·700-1,100 sqft
20 Coventry Avenue, London EastSold

$445,000

20 Coventry Avenue, London East

3 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East O

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

$1,956

Rental yield

4.8%

Est. cash flow

-$1,255

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

$120,402

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

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AI estimate

$469,440

Below Market

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