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434 Egerton Street

London East, N5W 3Z4·MLS® X13504000·

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 4 hours ago

For sale
1 / 23
2Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$495,000

Est. $2,358/mo

Days on market

1

Listed Jun 30, 2026

Description

Calling all investors and first-time home buyers! Don't miss this income-generating bungalow offering the perfect opportunity to build equity while keeping your monthly costs down. Live on the main floor and rent out the fully finished lower level to help offset your mortgage or add this positive cash flow potential property to your investment portfolio. Built in 2010, this well-maintained home features 2+2 bedrooms, 2 kitchens, and a separate entrance to the basement. The bright main floor offers an open-concept living and dining area, large windows that fill the space with natural light, and two spacious bedrooms. The lower level is complete with 2 bedrooms, a second kitchen, and its own living space, making it ideal for tenants, extended family, or multi-generational living. Outside, enjoy a fully fenced backyard and parking for 2 vehicles. Conveniently located in East London, you're just minutes from shopping, restaurants, cafes, the Western Fair Farmers' Market, public transit, and have quick access to Highway 401. Whether you're looking for your first home with a mortgage helper or a smart addition to your investment portfolio, this property offers income potential, flexibility, and outstanding value.

Property details

Basement

Apartment, Separate Entrance, Finished

Parking

2 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$495,000At Market
$465,300$524,700

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,358
Property tax$536
Insurance (est.)$103
Utilities (est.)$250
Total monthly$3,247

Land transfer tax

Ontario LTT

$6,375

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 30, 2026Listed
$495,000

Sold comparables nearby

189 Colborne Street, London EastSold

$389,000

189 Colborne Street, London East

3 bd·1 ba·1,100-1,500 sqft
438 Ontario Street, London EastSold

$410,000

438 Ontario Street, London East

2 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East M

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

$1,980

Rental yield

4.8%

Est. cash flow

-$1,267

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

$121,755

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

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AI estimate

$495,000

At Market

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