15 CARLTON Avenue
London East, N5Y 3M6·MLS® X13493550·
Listing courtesy of Sutton Group Pawlowski & Company Real Estate Brokerage INC.·Updated 4 hours ago
Listing price
$349,900
Est. $1,666/mo
Days on market
Listed Jun 26, 2026
Description
Opportunity awaits! Situated on a 30' x 85' lot in an established East London neighbourhood, this R2-2 zoned property offers exceptional potential for builders, investors, renovators or anyone looking for their next project. The existing home is being sold in "as is" condition with no representations or warranties. Whether you choose to restore, reimagine or redevelop, this property provides an affordable opportunity to unlock its future value. Conveniently located close to schools, parks, shopping, public transit and all everyday amenities, with flexible possession available.
Property details
Basement
Crawl Space
Parking
2 spaces
Type
Detached — 1 1/2 Storey
Heating
Water
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
$3,724
First-time rebate
−$3,724
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$541,000
183 Clifford Street, London East
Sold$527,500
12 Arthur Street, 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
$1,400
Rental yield
4.8%
Est. cash flow
-$969
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$88,820
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$360,747
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