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897 Elias Street

London East, N5W 3P3·MLS® X13464716·

Listing courtesy of Oak And Key Real Estate Brokerage, INC.·Updated 14 hours ago

For sale
1 / 36
3Beds
1Baths
700-1,100Sqft
Year Built

Listing price

$419,000

Est. $1,996/mo

Days on market

2

Listed Jun 18, 2026

Description

Welcome to a home with genuine character in one of London's most sought-after neighbourhoods. This all-brick bungalow blends timeless detail with everyday ease - an ideal fit for first-time buyers planting roots, young professionals craving walkable city living, or those downsizing without compromise. From the curb, the brick façade and original arched stained glass window set the tone - this is a home with a story to tell. Step inside to warm laminate floors, a cozy corner fireplace, and bright, sun-filled rooms that feel instantly like home. The open dining area flows into a generous kitchen with solid wood cabinetry and stainless appliances - gather here, cook here, make memories here. Three comfortable bedrooms and a full bath round out a smart, easy-living layout, with the added convenience of main-floor laundry. At the back, a versatile office opens directly to the backyard - the perfect work-from-home setup or quiet reading nook. Out back is where you'll fall in love: a deep, beautifully treed lot offering rare privacy in the heart of the city. Picture summer evenings under the canopy, morning coffee on the patio, and a garden that's all your own - a quiet retreat just steps from the action. You're moments from the cafés, restaurants, craft breweries, galleries, and the beloved Western Fair Farmers' Market that give Old East Village its unmistakable energy - with downtown, the Thames Valley trails, and major routes all close at hand. This is the kind of neighbourhood where you know your barista, walk to dinner, and actually feel part of something. For the discerning buyer, peace of mind is built in: a new roof (2023), energy-efficient windows, freshly painted interior, waterproofed basement, upgraded plumbing and electrical, and several transferable warranties - the big work is already done. Character, comfort, and community in one rare package. Call this one home.

Property details

Basement

Crawl Space

Parking

2 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$402,240Below Market
$377,100$427,380

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,996
Property tax$454
Insurance (est.)$87
Utilities (est.)$250
Total monthly$2,787

Land transfer tax

Ontario LTT

$4,855

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
$419,000

Sold comparables nearby

155 Gammage Street, London EastSold

$330,000

155 Gammage Street, London East

2 bd·1 ba·700-1,100 sqft
72 Lyman Street, London EastSold

$295,000

72 Lyman Street, London East

2 bd·2 ba·< 700 sqft

See all 10 comparables

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Market conditions · East G

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

$1,676

Rental yield

4.8%

Est. cash flow

-$1,111

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

$104,494

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

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AI estimate

$402,240

Below Market

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