29 Court Lane
London East, N5W 5M6·MLS® X13431638·
Listing courtesy of Re/max Realtron Realty INC.·Updated yesterday
Listing price
$550,000
Est. $2,620/mo
Days on market
Listed Jun 11, 2026
Description
Welcome to 29 Court Lane, a fully renovated raised bungalow offering exceptional versatility,modern finishes, and outstanding income potential. Situated on a quiet, tree-lined street inEast London, this city-approved legal in-law suite is the perfect opportunity for investors,multi-generational families, or buyers looking to offset their mortgage with rental income.The property features a spacious 3-bedroom main floor unit and a bright 2-bedroom lower-levelsuite, each thoughtfully designed with separate entrances and separate laundry facilities formaximum privacy and convenience.The main level boasts a bright and functional layout with large windows, updated finishes, andcomfortable living spaces ideal for families. The lower suite offers excellent flexibility asa mortgage helper, in-law accommodation, or income-generating rental unit. Both units havebeen renovated to provide turnkey living with minimal maintenance required.Set on a generous lot surrounded by mature trees, the property offers ample outdoor space forrelaxation, entertaining, or family enjoyment. The quiet location provides a peacefulresidential setting while remaining close to schools, parks, shopping, public transit, andmajor commuter routes.Whether you're an investor seeking strong rental potential, a first-time buyer looking foradditional income, or a family needing flexible living arrangements, this rare legal duplex-style bungalow delivers incredible value and opportunity. Move in, rent out, or do both-29Court Lane is a turnkey property that checks all the boxes.Don't miss this rare opportunity to own a fully renovated legal in-law suite property in oneof London's established neighbourhoods. Book your private showing today!
Property details
Basement
Apartment, Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,475
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$420,000
227 Ellsworth Avenue, London East
Sold$445,000
20 Coventry Avenue, London East
See all 10 comparables
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Market conditions · East A
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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,263
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$522,500
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