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277 Short Avenue

London East, N5W 1W3·MLS® X13456198·

Listing courtesy of Global Bricks Realty·Updated yesterday

For sale
1 / 37
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$605,000

Est. $2,881/mo

Days on market

3

Listed Jun 17, 2026

Description

Welcome to 277 Short Avenue, London! This charming 3-bedroom, 2-bathroom home offers exceptional value for first-time homebuyers, growing families, and investors alike. Situated on a large lot in a well-established neighbourhood, this property features a functional layout, an unfinished basement, and plenty of potential to make it your own. The generous lot size presents exciting future development opportunities, making it an attractive option for investors. The separate basement entrance provides excellent potential to create a finished basement suite, offering the opportunity to generate additional rental income. Conveniently located near the ongoing East London Link Bus Rapid Transit (BRT) project. Recent upgrades include a new furnace, heat pump, and water heater, all installed in 2025. A permit for a future basement unit was also obtained in 2025, adding further value and investment potential. Don't miss this fantastic opportunity to own a property with room to grow and endless possibilities.

Property details

Garage

1 car Detached

Basement

Unfinished, Separate Entrance

Parking

7 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$605,000At Market
$568,700$641,300

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Downtown London

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,881
Property tax$655
Insurance (est.)$126
Utilities (est.)$250
Total monthly$3,913

Land transfer tax

Ontario LTT

$8,575

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 17, 2026Listed
$605,000

Sold comparables nearby

48 Elmwood Avenue, London SouthSold

$545,000

48 Elmwood Avenue, London South

3 bd·2 ba·1,500-2,000 sqft
238 Ridout Street, London SouthSold

$675,000

238 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft

See all 10 comparables

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Market conditions · East O

Buyer's marketBalancedSeller's market

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

$2,420

Rental yield

4.8%

Est. cash flow

-$1,493

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$146,733

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$605,000

At Market

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