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391 ADMIRAL Drive

London East, N5V 1J3·MLS® X13506886·

Listing courtesy of Century 21 Green Realty INC.·Updated 3 hours ago

For sale
1 / 29
6Beds
3Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$649,900

Est. $3,095/mo

Days on market

1

Listed Jun 30, 2026

Description

Exceptional investment opportunity or ideal mortgage helper! This beautifully detached backsplit offers 6 spacious bedrooms, 3 bathrooms, and fully equipped kitchens with a separate side entrance, providing excellent flexibility for multi-generational living or rental income potential. The finished lower level offers additional living space and privacy for occupants. Enjoy parking for up to 6 vehicles and convenient access to public transit right outside your door, with easy connections to downtown London, Fanshawe College, and Western University. Situated on a generous lot in an established neighbourhood close to schools, shopping, parks, and amenities, this property is an excellent addition to any investment portfolio or a perfect opportunity for owner-occupiers seeking supplemental income potential.

Property details

Basement

Finished, Full, Separate Entrance

Parking

6 spaces

Type

Detached — Backsplit 3

Heating

Forced Air

AI property estimate

$670,047Above Market
$631,053$709,041

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,095
Property tax$704
Insurance (est.)$135
Utilities (est.)$250
Total monthly$4,184

Land transfer tax

Ontario LTT

$9,473

First-time rebate

$4,000

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

Price & listing history

Jun 30, 2026Listed
$649,900

Sold comparables nearby

1276 Crumlin Side Road, London EastSold

$799,990

1276 Crumlin Side Road, London East

5 bd·4 ba·2,000-2,500 sqft
526 Talltree Crescent, London EastSold

$690,000

526 Talltree Crescent, London East

5 bd·2 ba·1,100-1,500 sqft

See all 7 comparables

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Market conditions · East I

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

$2,600

Rental yield

4.8%

Est. cash flow

-$1,584

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

$156,914

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

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AI estimate

$670,047

Above Market

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