85 Stevenson Avenue
London East, N5W 1Y6·MLS® X13494796·
Listing courtesy of The Realty Firm INC.·Updated yesterday
Listing price
$599,900
Est. $2,857/mo
Days on market
Listed Jun 26, 2026
Description
Welcome to this stunning, fully renovated home where every detail has been thoughtfully updated, offering truly turnkey living with nothing left to do but move in and enjoy. Situated in a welcoming, family-friendly East London neighbourhood, this exceptional property is perfect for families, multi-generational living, or buyers seeking income potential. From top to bottom, this home has undergone an extensive renovation, including 2 brand-new kitchens, three beautifully updated bathrooms, new flooring throughout, fresh paint, updated lighting, new interior doors, and a new 200-amp electrical panel (ESA certificate available). The bright, open-concept main floor showcases a gorgeous kitchen with quartz countertops and new stainless steel appliances, including a gas stove, refrigerator, and dishwasher. The main level also features two spacious bedrooms, two full bathrooms, and convenient main-floor laundry hookups. The fully finished lower level offers a self-contained one-bedroom granny suite with its own private side entrance, full kitchen with quartz countertops, full bathroom, large bedroom with walk in closet, laundry, and two egress windows making it ideal for extended family, guests, or mortgage-helper potential. Outside, the oversized lot provides parking for four vehicles, plus a unique drive-through garage with two new garage doors leading to a newly poured 30' x 30' concrete pad. The deep, fully fenced backyard offers endless opportunities for entertaining, hobbies, or future outdoor living. A bright sunroom with a cozy gas fireplace creates the perfect space to relax year-round. With every major update already completed, this move-in ready home combines modern style, flexible living space, and an unbeatable location close to parks, schools, shopping, the community centre, and major routes.
Property details
Garage
1 car Detached
Basement
Finished
Parking
5 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,473
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$650,000
74 Eldorado Avenue, London East
Sold$490,000
1947 Royal Crescent, London East
See all 10 comparables
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Market conditions · East N
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
$2,400
Rental yield
4.8%
Est. cash flow
-$1,482
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$145,577
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$618,497
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