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105 Madison Avenue

London East, N5Z 2P3·MLS® X13414558·

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 9 hours ago

2Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$485,000

Est. $2,310/mo

Days on market

2

Listed Jun 8, 2026

Description

Welcome to this charming bungalow nestled in a quiet, family friendly neighborhood in London. Offering 2+1 bedrooms with a functional layout, this well maintained property is perfect for first time home buyers, downsizers, or investors. The main level features an open concept living room/dining room with windows across the front of the home that provides a bright living space which has hardwood floors, California shutters and has been freshly painted. There are two bedrooms with a 3pc bathroom and a kitchen that offers comfort and functionality. Great potential in the lower level of this home for a rental property or in-law suite. The lower level features a large rec room open to the kitchen, a bedroom, 3 pc bathroom and laundry/storage area. The exterior boosts numerous recent improvements including a new cement patio pad, new steps to the back door, air conditioner(2025) and fence. This backyard is ideal for outdoor entertaining or relaxing in your private backyard. The single car garage adds convenience and additional storage. This home is close to shopping, parks, hospital and schools. You don't want to miss out on this one!

Property details

Garage

1 car Detached

Basement

Finished

Parking

4 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$485,000At Market
$455,900$514,100

82% confidence · 4 comparable sales analysed

Location & neighbourhood

East M

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,310
Property tax$525
Insurance (est.)$101
Utilities (est.)$250
Total monthly$3,186

Land transfer tax

Ontario LTT

$6,175

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
$485,000

Sold comparables nearby

833 Deveron Crescent, London SouthSold

$561,500

833 Deveron Crescent, London South

3 bd·3 ba·1,100-1,500 sqft
286 Burlington Crescent, London SouthSold

$545,000

286 Burlington Crescent, London South

3 bd·3 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East M

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

$1,940

Rental yield

4.8%

Est. cash flow

-$1,246

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

$119,488

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

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AI estimate

$485,000

At Market

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