38 Elliott Street
London East, N5Y 2E4·MLS® X13486240·
Listing courtesy of The Realty Firm INC.·Updated 3 hours ago
Listing price
$449,900
Est. $2,143/mo
Days on market
Listed Jun 24, 2026
Description
Your affordable entry into London's established Carling neighborhood starts here. This house has had the same owner since 1956! This well-proportioned 2 bedroom, 2 bathroom semi-detached home delivers excellent value for first-time buyers, investors, students, or anyone ready to downsize without sacrificing comfort or location. Inside, you'll find a functional layout with bright, comfortable living spaces that welcome your personal touches. The home offers solid bones and plenty of opportunity to make it your own, with good natural flow between rooms. Outside, a well built and insulated detached garage provides flexible options for storage, a workshop, or covered parking, while the manageable yard strikes the perfect balance-easy to maintain yet spacious enough for relaxation and entertaining. Recent updates include roof shingles (2025), furnace and A/C (2025), windows. Conveniently located just minutes from Fanshawe College, shopping, restaurants, schools, parks, and public transit, 38 Elliott Street puts you right in the heart of everyday amenities and major routes. In a mature neighborhood known for its strong community feel, this home is an excellent opportunity to own in a convenient London location.
Property details
Garage
1 car Detached
Basement
Partially Finished, Walk-Up, Full
Parking
3 spaces
Type
Semi-Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,473
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$385,000
624 Mornington Avenue, London East
Sold$400,000
89 Cecilia Avenue, London East
See all 10 comparables
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Market conditions · East C
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
$1,800
Rental yield
4.8%
Est. cash flow
-$1,174
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$111,531
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$463,847
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