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89 Elm Street

London East, N5Z 2K4·MLS® X13460634·

Listing courtesy of Team Glasser Real Estate Brokerage INC.·Updated 20 hours ago

For sale
1 / 32
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$465,000

Est. $2,215/mo

Days on market

2

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

$465,000At Market
$437,100$492,900

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)$2,215
Property tax$504
Insurance (est.)$97
Utilities (est.)$250
Total monthly$3,065

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

Jun 18, 2026Listed
$465,000

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 M

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

$1,860

Rental yield

4.8%

Est. cash flow

-$1,205

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$114,953

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

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AI estimate

$465,000

At Market

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