1185 Albany Street

London East, N5W 3L6·MLS® X13413748·

Listing courtesy of Century 21 First Canadian Corp·Updated 11 hours ago

4Beds

3Baths

1,500-2,000Sqft

—Year Built

Listing price

$398,999

Est. $1,900/mo

Days on market

Listed Jun 8, 2026

Description

1.5-storey duplex much bigger than it looks with very high income potential, in-law capability, or full single-family use. Located minutes from Fanshawe College, the Kellogg's Complex, and downtown, this home offers a rare combination of space and versatility, with huge income potential with 5 bedrooms at an affordable price. 2nd kitchen in the lower level with separate entrance. 3 Full bathrooms. Lower was previously rented for $1,100 per month.Main unit was previously rented for $2,000 monthly. Upgrades include a 200-amp electrical panel, a high-efficiency furnace (2018), and a central A/C unit (2021) Easy to show!

Property details

Basement

Apartment, Full, Walk-Up

Parking

3 spaces

Type

Duplex — 1 1/2 Storey

Heating

Forced Air

AI property estimate

$391,342At Market

$367,402$415,282

82% confidence · 11 comparable sales analysed

Location & neighbourhood

Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,900

Property tax$432

Insurance (est.)$83

Utilities (est.)$250

Total monthly$2,666

Land transfer tax

Ontario LTT

$4,460

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 8, 2026Listed

$398,999

Sold comparables nearby

Sold

$543,000

321 Spruce Street, London East

3 bd·3 ba·1,500-2,000 sqft

Sold

$449,900

10 LINWOOD Street, London East

4 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

Create a free account to unlock premium data.

Market conditions · East G

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$1,596

Rental yield

4.8%

Est. cash flow

-$1,070

Cap rate

3.3%

Best time to sell

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Peak

Good

Average

Affordability

Minimum household income required

$99,959

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

Similar Listings

Own a home in East G?

Homes are selling in an average of 2 days.

Get your free valuation →

AI estimate

$391,342

At Market

Connect with an agent

By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.

Get notified about similar homes

New duplex listings in East G.