105 Madison Avenue
London East, N5Z 2P3·MLS® X13414558·
Listing courtesy of Sutton Group Preferred Realty INC.·Updated 9 hours ago
Listing price
$485,000
Est. $2,310/mo
Days on market
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
82% confidence · 4 comparable sales analysed
Monthly payment estimate
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
Sold comparables nearby
Sold$561,500
833 Deveron Crescent, London South
Sold$545,000
286 Burlington Crescent, London South
See all 10 comparables
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Market conditions · East M
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
Affordability
Minimum household income required
$119,488
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$485,000
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