438 Ontario Street
London East, N5W 3W9·MLS® X13429896·
Listing courtesy of Property.ca INC·Updated 2 days ago
Listing price
$420,000
Est. $2,000/mo
Days on market
Listed Jun 11, 2026
Description
Welcome to 438 Ontario Street in London's Old East Village, a vibrant and growing neighbourhood known for its local shops, markets, community events, and convenient access to downtown. Located within walking distance of 100 Kellogg Lane, you'll enjoy easy access to attractions including the London Children's Museum, Hard Rock Hotel, restaurants, entertainment, and more. This well-maintained red brick home combines original character with thoughtful modern updates. Offering 2 bedrooms and 1 bathroom, it's an excellent option for first-time buyers, downsizers, or investors seeking a move-in-ready property in an established neighbourhood.The main floor has been refreshed in 2025 with new paint, updated lighting, and a bright, functional layout. The kitchen features a new stove and microwave (2025), while additional pantry and bedroom storage enhance everyday practicality. Major updates include a furnace and air conditioner (2015), replacement of the lead water service line (2021), and a roof estimated to be 10-12 years old.Outside, the backyard has been completely redesigned in 2025 with new landscaping, patio space, fencing, and garden beds, creating a private outdoor retreat. A newly constructed shed with 60-amp service offers flexibility for a workshop, hobby space, studio, or additional storage. The front exterior has also been updated with refreshed landscaping, new porch decking (2025), and a new screen door, while updated window coverings (2024) complete the home.If you're looking for a property that offers character, modern updates, and a convenient location, 438 Ontario Street is well worth a look.
Property details
Garage
2 car Carport
Basement
Unfinished
Parking
2 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,875
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$435,000
26 Apeldoorn Crescent, London East
Sold$304,000
706 Nelson Street, London East
See all 10 comparables
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Market conditions · East G
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
$1,680
Rental yield
4.8%
Est. cash flow
-$1,113
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$104,751
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$399,000
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