89 Elm Street
London East, N5Z 2K4·MLS® X13460634·
Listing courtesy of Team Glasser Real Estate Brokerage INC.·Updated 20 hours ago
Listing price
$465,000
Est. $2,215/mo
Days on market
Listed Jun 18, 2026
Description
Welcome to this beautifully renovated 3-bedroom, 2-bathroom detached home, offering the perfect blend of modern updates and functional living. Renovated from top to bottom, including floors, roof, windows & electrical, this move-in-ready home features a bright, inviting interior with stylish finishes throughout and all-new appliances, including a new air conditioner for year-round comfort. The thoughtfully designed layout includes a convenient main-floor bedroom with a den, two spacious upper-level bedrooms, two full bathrooms, and the added convenience of second-floor laundry. Downstairs, the unfinished basement provides abundant storage and versatile space for a workshop, hobby room, or future possibilities. Whether you're a first-time buyer, a growing family, or an investor, this home offers flexibility to suit various lifestyles. Step outside to an oversized backyard with endless potential for entertaining, gardening, play space, or future customization. With a private driveway accommodating up to three vehicles and just a short distance from a park and public pool, you'll enjoy both convenience and outdoor recreation right at your doorstep. Situated close to schools, shopping, public transit, proximity to highway 401 and everyday amenities, this fully renovated home is ready for its next owners to just move in and enjoy.
Property details
Basement
Unfinished, Partial Basement
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,775
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 M
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
$1,860
Rental yield
4.8%
Est. cash flow
-$1,205
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$114,953
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$465,000
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