1192 KALADAR Drive
London East, N5V 2R5·MLS® X13438276·
Listing courtesy of Century 21 Property Zone Realty INC.·Updated 18 hours ago
Listing price
$499,999
Est. $2,381/mo
Days on market
Listed Jun 12, 2026
Description
ATTENTION INVESTORS & FIRST-TIME BUYERS! Incredible opportunity to own a solid 3+2 Bedroom, 2 Bathroom bungalow on a massive 60 x 125 ft lot in one of London's established, high-demand neighbourhoods! Packed with potential, this property is perfect for investors, renovators, student rental opportunities, or anyone looking to build serious equity with a little vision and creativity. Spacious bedrooms, functional layout, original hardwood flooring, and a bright finished basement with oversized windows, upgraded flooring, huge rec room, and potential for an additional bedroom or income setup! The large private lot offers endless possibilities for future expansion, outdoor entertaining, or maximizing value. Located minutes from Fanshawe College, shopping, schools, parks, recreation centre, airport, and major highway access prime location for both families and rental income potential. Opportunities like this on a premium lot don't last long bring your ideas and unlock the full potential of this property!
Property details
Basement
Finished, Separate Entrance
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 11 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,475
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$495,000
1548 Dale Street, London East
Sold$516,000
120 Susan Avenue, London East
See all 10 comparables
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Market conditions · East D
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
$2,000
Rental yield
4.8%
Est. cash flow
-$1,277
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$122,889
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$485,404
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