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576 Horton Street

London East, N6B 1M7·MLS® X13500424·

Listing courtesy of Century 21 First Canadian Corp·Updated 1 hour ago

For sale
1 / 11
0Beds
0Baths
1,100-1,500Sqft
Year Built

Listing price

$279,900

Est. $1,333/mo

Days on market

1

Listed Jun 29, 2026

Description

Build your vision on this exceptional vacant lot in an established London neighbourhood. Previously home to a residential dwelling, the property has been cleared, demolished, and backfilled, creating a rare opportunity for redevelopment. Municipal services including water, sewer, hydro, and natural gas have previously been connected to the property, offering added convenience for future development. Zoned L12, this property presents exciting potential for a variety of future uses, subject to all municipal approvals and buyer due diligence. Ideally situated close to downtown, public transit, parks, schools, shopping, and everyday amenities, this is an outstanding opportunity for builders, investors, and those looking to create something new in a growing area of the city. Buyer to verify zoning, permitted uses, servicing, building requirements, development charges, and all future intended uses with the appropriate authorities.

Property details

Type

Vacant Land — Other

AI property estimate

$288,577Above Market
$271,783$305,371

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,333
Property tax$303
Insurance (est.)$58
Utilities (est.)$250
Total monthly$1,944

Land transfer tax

Ontario LTT

$2,674

First-time rebate

$2,674

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 29, 2026Listed
$279,900

Market conditions · East K

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

$1,120

Rental yield

4.8%

Est. cash flow

-$824

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

$72,912

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

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AI estimate

$288,577

Above Market

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