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1301 King Street

London East, N5W 2Y4·MLS® X13487964·

Listing courtesy of Royal Lepage Our Neighbourhood Realty·Updated 5 hours ago

For sale
1 / 34
3Beds
2Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$449,000

Est. $2,138/mo

Days on market

1

Listed Jun 25, 2026

Description

Opportunity meets lifestyle at 1301 King Street. This beautifully updated 3-bedroom, 2-bathroom home is located in one of London's fastest-evolving neighbourhoods, where ongoing revitalization, new investment, and future transit improvements are helping transform the area into an exciting place to call home. Just minutes from The Factory at Kellogg Lane, you'll enjoy convenient access to restaurants, entertainment, recreation, family attractions, and community events, all while being surrounded by a neighbourhood that continues to see homes renewed. Inside, the home has been thoughtfully refreshed with new flooring throughout the main and upper levels, new carpet on the stairs, fresh paint, and a new furnace, creating a move-in-ready space that's both comfortable and inviting. The bright and functional layout offers plenty of room for families, first-time buyers, or anyone looking to put down roots in a growing community. Step outside and discover one of the property's standout features: a large rear deck overlooking an impressively spacious backyard. Whether you're hosting summer gatherings, watching the kids play, gardening, or simply enjoying a quiet evening outdoors, this outdoor space offers endless possibilities. With major updates already completed, generous outdoor living space, and a location positioned for future growth, 1301 King Street presents a fantastic opportunity to get into a neighbourhood on the rise.

Property details

Basement

Partially Finished, Separate Entrance

Parking

3 spaces

Type

Detached — 2-Storey

Heating

Forced Air

AI property estimate

$431,040Below Market
$404,100$457,980

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)$2,138
Property tax$486
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,969

Land transfer tax

Ontario LTT

$5,455

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 25, 2026Listed
$449,000

Sold comparables nearby

50 Glass Avenue, London EastSold

$525,000

50 Glass Avenue, London East

4 bd·2 ba·1,500-2,000 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 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

$1,796

Rental yield

4.8%

Est. cash flow

-$1,173

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

$111,333

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

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AI estimate

$431,040

Below Market

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