1621 Borden Street
London East, N5W 2R3·MLS® X13435224·
Listing courtesy of The Realty Firm INC.·Updated yesterday
Listing price
$429,900
Est. $2,048/mo
Days on market
Listed Jun 12, 2026
Description
Welcome to 1621 Borden Street - the perfect place to start your homeownership journey in the heart of East London! This adorable and incredibly well-maintained 2 bedroom, 1 bathroom home is full of charm, warmth, and opportunity for first time home buyers looking for a move-in ready home with an amazing outdoor space. Step inside to a bright and inviting layout featuring updated flooring, cozy living spaces, and a beautifully cared for interior that truly feels like home from the moment you walk in. Outside is where this property really shines enjoy a huge fully fenced backyard complete with a large entertaining deck, outdoor TV setup, fire pit area for summer campfires, storage shed, and plenty of space for kids, pets, or hosting family and friends all summer long. Located just seconds from East Lions Community Centre and minutes to Kiwanis Park, you'll love having access to walking trails, playgrounds, water park fun, sports fields, and green space right nearby. Conveniently close to schools, shopping, restaurants, all amenities, Highway 401, and only 10 minutes to downtown London, this location is ideal for commuters, young families, and buyers looking for affordability without sacrificing lifestyle. If you've been waiting for a home with character, curb appeal, and an outdoor space you'll actually use, this is it.
Property details
Basement
Full, Finished
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,073
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$572,000
1853 Royal Crescent, London East
See all 10 comparables
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Market conditions · East H
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
$1,720
Rental yield
4.8%
Est. cash flow
-$1,133
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$106,996
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$443,227
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