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494 ENGLISH Street

London East, N5W 3T8·MLS® X13423064·

Listing courtesy of Exp Realty·Updated 3 days ago

For sale
1 / 28
3Beds
2Baths
700-1,100Sqft
100+Year Built

Listing price

$529,000

Est. $2,519/mo

Days on market

5

Listed Jun 9, 2026

Description

Own a piece of Heritage in London. Welcome to 494 English Street. Located in the heart of Old East Village. Frontage featuring beautiful and stylish yellow bricks. Walking up to the front entrance, you are greeting with a covered porch with a nice sitting area that enjoys the peaceful view of Lorne Public School Park right across from the home. Interior features 3 Bedrooms, updated Kitchen, updated Bathroom on the Main Floor as well as Second Floor. Walking to the backyard you have another nice sitting area in covered deck overlooking large landscaped backyard with a bonus pond. Short distance from home are new & very popular Hard Rock Cafe at 100 Kellogg Lane, and conveniently located near local eateries, children play place, pubs, breweries, community centers and lots more. Book a private Showing today!

Property details

Garage

1 car Detached

Basement

Unfinished

Parking

3 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$507,840Below Market
$476,100$539,580

82% confidence · 4 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)$2,519
Property tax$573
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,453

Land transfer tax

Ontario LTT

$7,055

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 9, 2026Listed
$529,000

Sold comparables nearby

26 Apeldoorn Crescent, London EastSold

$435,000

26 Apeldoorn Crescent, London East

2 bd·2 ba·1,100-1,500 sqft
706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East G

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

$2,116

Rental yield

4.8%

Est. cash flow

-$1,337

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

$129,471

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

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AI estimate

$507,840

Below Market

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