277 Short Avenue
London East, N5W 1W3·MLS® X13456198·
Listing courtesy of Global Bricks Realty·Updated yesterday
Listing price
$605,000
Est. $2,881/mo
Days on market
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
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
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
Sold comparables nearby
Sold$545,000
48 Elmwood Avenue, London South
Sold$675,000
238 Ridout Street, London South
See all 10 comparables
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Market conditions · East O
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
Affordability
Minimum household income required
$146,733
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$605,000
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