1301 King Street
London East, N5W 2Y4·MLS® X13487964·
Listing courtesy of Royal Lepage Our Neighbourhood Realty·Updated 5 hours ago
Listing price
$449,000
Est. $2,138/mo
Days on market
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
82% confidence · 4 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
$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
Sold comparables nearby
Sold$525,000
50 Glass Avenue, London East
Sold$295,000
72 Lyman Street, London East
See all 10 comparables
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Market conditions · East M
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
Affordability
Minimum household income required
$111,333
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$431,040
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