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1026 Chippewa Drive

London East, N5V 2T5·MLS® X13417550·

Listing courtesy of Royal Lepage Triland Realty·Updated 4 days ago

For sale
1 / 42
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$449,900

Est. $2,143/mo

Days on market

6

Listed Jun 8, 2026

Description

This well cared for 3-bedroom brick bungalow offers the perfect blend of comfort, location, and long-term value. Situated on a quiet stretch of Chippewa Drive in Northeast London, the home is ideal for families, first-time buyers, or anyone looking for a peaceful neighbourhood with a strong sense of community. The bright main floor features a welcoming living space filled with natural light, while original hardwood flooring remains beneath the carpets throughout the living room, hallway, and bedrooms, offering excellent future potential. The finished basement offers large windows and room to grow, adding valuable living space and the possibility for multi-generational living. The mature fenced backyard is surrounded by established hedges, creating a private outdoor space. The quiet setting makes this property especially appealing for families or those looking to enjoy a calmer lifestyle. While the home's central location places you just minutes from schools, parks, shopping, and everyday conveniences. 1026 Chippewa Dr. is a solid, well-maintained home ready for its next owners to move in and make it their own.**Furnace and central air are 6 months old.

Property details

Basement

Finished

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$463,847Above Market
$436,853$490,841

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East D

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,143
Property tax$487
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,974

Land transfer tax

Ontario LTT

$5,473

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 8, 2026Listed
$449,900

Sold comparables nearby

1682 Cedarcreek Crescent, London NorthSold

$810,000

1682 Cedarcreek Crescent, London North

4 bd·5 ba·2,500-3,000 sqft
1768 Townsend Drive, London EastSold

$675,000

1768 Townsend Drive, London East

3 bd·4 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · East D

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

$1,800

Rental yield

4.8%

Est. cash flow

-$1,174

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

$111,531

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

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AI estimate

$463,847

Above Market

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