$550,000
Est. $2,577/mo mortgage
29 Court Lane · London East, N5W 5M6
MLS® X13431638
Listed Jun 11, 2026
Listing courtesy of Re/max Realtron Realty INC.·Updated Jun 15
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!
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 3-piece on Main, 1 × 3-piece on Basement
- Basement
- Apartment, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 58.09 × 100.25 ft
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- None
Parking
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $2,737/yr (2025)
Rooms
Main
- Kitchen
- 5 × 2.49 m
- Bedroom 2
- 2.89 × 3.03 m
- Bedroom
- 2.17 × 3.18 m
- Dining Room
- 2.47 × 2.63 m
- Primary Bedroom
- 3.41 × 4.7 m
- Living Room
- 4.87 × 3.2 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
75% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $3,273/mo all in
Monthly payment estimate
Land transfer tax$7,475 on closing
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
Listed Jun 11, 2026
Sold comparables nearby
Sold$500,000
238 Starlight Avenue, London East
Sold$555,000
618 Fieldgate Circle, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in London East
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.5% of asking.
Avg. sold price
$416,667
Sale-to-list ratio
94.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $135,000 household income
Minimum household income required
$135,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Rental market$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 leases.
What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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