Skip to content
For sale
1 / 36

$529,900

Est. $2,482/mo mortgage

2bd·2ba·< 700sqft

483 Clarke Road · London East, N5V 2C8

MLS® X13507268

85 days on market85 days on market

Listed Jun 30, 2026

Listing courtesy of Right At Home Realty·Updated Aug 28

Description

Welcome to 483 Clarke Road - a rare city property offering the ultimate combination of home, shop, and lifestyle. Whether you're a hobbyist, contractor, entrepreneur, or car enthusiast, the impressive 20x36 steel workshop with 19-foot ceilings, 10-foot door, automotive lift, and full electrical service is the kind of setup buyers wait for - all while still enjoying the convenience of city living.This beautifully maintained bungalow features a bright open-concept main floor with soaring vaulted ceilings, skylights, and rich hardwood flooring throughout. The modern kitchen and updated 3-piece bath offer a clean contemporary feel, while the fully finished lower level provides exceptional flexibility with a spacious den, additional bedroom area, office or storage space, and a second full 4-piece bath. All bedrooms feature floor-to-ceiling armoires for functional storage and style.Step outside and discover what truly sets this property apart. A secure enclosed carport with double-wide gates provides access to the incredible detached workshop and expansive rear yard. Beyond the shop, enjoy a private backyard retreat complete with perennial gardens, a brick fire pit, covered patio, additional shed storage, and a 20ft sea-can container - offering endless possibilities for work, storage, hobbies, or entertaining.A one-of-a-kind property delivering space, versatility, and opportunity without leaving the city. Recent updates include central air (2025), roof shingles (2022), and professionally painted exterior (2024).

Read more ›

Keep notes on this home

Jot down what you thought and mark it as toured. Private to you.

Property details

Interior

Interior
< 700 sqft
Rooms
4 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Lower
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
50 × 150 ft
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
4 car Detached
Driveway
Private (8 spaces)
Parking
12 spaces

Fees & taxes

Property tax
$2,682/yr (2025)

Rooms

Main

Bedroom 2
3.85 × 3.44 m
Kitchen
2.7 × 3.44 m
Bedroom
3.28 × 3.15 m
Living Room
4.73 × 4.29 m

Basement

Laundry
0.89 × 3.28 m
Utility Room
1.71 × 2.9 m
Other
3.48 × 2.6 m
Bedroom 3
3.85 × 3.86 m

AI property estimate

$355,602Estimate is ~32.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$320,042$391,162

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $3,162/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,482
Property tax$319
Insurance (est.)$110
Utilities (est.)$250
Total monthly$3,162
Land transfer tax$7,073 on closing

Ontario LTT

$7,073

First-time rebate

$4,000

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

Price & listing history

$529,900

Listed Jun 30, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

238 Starlight Avenue, London EastSold

238 Starlight Avenue, London East

2 bd·2 ba·700-1,100 sqft
190 Vancouver Street, London EastSold

190 Vancouver Street, London East

3 bd·1 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsBalanced market in London East

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$517,317

Sale-to-list ratio

98.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $131,000 household income

Minimum household income required

$131,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 33 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

Similar Listings

Own a home in London East?

Find out what it's worth.

Get your free valuation →
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.