202 Sydenham Street
London East, N6A 1W3·MLS® X13468136·
Listing courtesy of Streetcity Realty INC.·Updated 5 hours ago
Listing price
$650,000
Est. $3,096/mo
Days on market
Listed Jun 19, 2026
Description
Duplex opportunities in Old North don't come up often-and this one is worth paying attention to. Two fully tenanted 3-bedroom units, each with its own entrance and in-suite laundry, generating approximately $55,000 in gross annual rental income from day one. Both units are rented inclusive of utilities, keeping things simple for the next owner. The location is hard to beat. Old North sits right in the sweet spot between Western University and downtown London, making it a perennial favourite with tenants and a smart long-term hold for investors. Parks, schools, shopping, restaurants, and transit are all within easy reach. Whether you're building your portfolio or adding a flagship property to an existing one, this is the kind of asset that checks all the boxes - strong location, immediate cash flow, and real scarcity value in one of London's most sought-after neighbourhoods.
Property details
Basement
Unfinished
Parking
4 spaces
Type
Duplex — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,475
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$550,000
163 Oxford Street, London East
Sold$460,000
717 Central Avenue, London East
See all 10 comparables
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Market conditions · East B
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
$2,600
Rental yield
4.8%
Est. cash flow
-$1,585
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$156,936
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$617,500
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