1171 Oxford Street
London East, N5Y 3L7·MLS® X13463772·
Listing courtesy of Homelife/miracle Realty LTD·Updated 14 hours ago
Listing price
$549,999
Est. $2,620/mo
Days on market
Listed Jun 18, 2026
Description
Discover a prime investment opportunity with this detached bungalow ideally located on a high-exposure corner lot just minutes from Fanshawe College. This versatile property offers three self-contained units, including a spacious main level featuring four bedrooms, a full kitchen, and a 3-piece bathroom, along with a well-appointed basement unit featuring two bedrooms, a kitchen, and a 3-piece bathroom. With a strong rental income potential of up to $5,000 per month, this property is perfectly suited for investors seeking immediate cash flow. Surrounded by established commercial plazas and benefiting from flexible zoning that permits select business uses, it also presents excellent future development potential. Ideal for investors, entrepreneurs, or multi-generational families, this property combines location, income potential, and long-term upside. With high tenant demand and close proximity to key amenities, this is a rare opportunity not to be missed.
Property details
Garage
1 car Carport
Basement
Finished, Separate Entrance
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 11 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,475
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$555,000
755 Victoria Street, London East
Sold$495,000
1548 Dale Street, London East
See all 10 comparables
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Market conditions · East G
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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,263
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$533,945
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