1624 Leonard Street

London East, N5W 3G6·MLS® X13495744·

Listing courtesy of Real Broker Ontario LTD·Updated 4 hours ago

For sale

1 / 30

3Beds

2Baths

700-1,100Sqft

51-99Year Built

Listing price

$389,900

Est. $1,857/mo

Days on market

Listed Jun 26, 2026

Description

Tucked away on a quiet street in London's east end, this 3-bedroom, 1.5 bath bungalow sits on an impressive 185-foot deep lot and offers a peaceful setting with convenient access to nearby amenities.Recent updates include fresh paint and new flooring in some areas, while still leaving plenty of opportunity to add your own personal touches and make the space your own. The property also features a single-car garage, a spacious backyard, and no homes currently located directly behind.Whether you're a first-time buyer, investor, or someone looking for a project, this property is full of possibilities in a convenient location close to shopping, public transit, Fanshawe College, and other everyday amenities.Bring your imagination and discover the potential this property has to offer.

Property details

Garage

1 car Detached

Basement

Full

Parking

4 spaces

Type

Detached — Bungalow

Heating

Fan Coil

AI property estimate

$401,987Above Market

$378,593$425,381

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East H →

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,857

Property tax$422

Insurance (est.)$81

Utilities (est.)$250

Total monthly$2,610

Land transfer tax

Ontario LTT

$4,324

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 26, 2026Listed

$389,900

Sold comparables nearby

Sold

$525,000

50 Glass Avenue, London East

4 bd·2 ba·1,500-2,000 sqft

Sold

$490,000

1947 Royal Crescent, London East

3 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East H

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$1,560

Rental yield

4.8%

Est. cash flow

-$1,050

Cap rate

3.3%

Best time to sell

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Peak

Good

Average

Affordability

Minimum household income required

$97,889

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

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AI estimate

$401,987

Above Market

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