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$1

Est. $0/mo mortgage

2bd·2ba·700-1,100sqft

311 Saskatoon Street · London East, N5W 6A3

MLS® X13513042

85 days on market85 days on market

Listed Jul 2, 2026

Listing courtesy of Homelife Hearts Realty INC.·Updated Sep 12

Description

Attention Investors. Great Addition To Any Portfolio. Single Detached With Two Units For Rent. The Upper Is Rented For $1800 Monthly, 2 Beds 1 Bath. Lower Unit Vacant Potential $1300 1 Beds, 1 Bath. Separate Entrance. $70,000 Spent On Upgrades, Hardwood Floors And Baths.

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Property details

Interior

Size
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Upper, 1 × 4-piece on Lower
Basement
Separate Entrance, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow-Raised
Lot size
58.51 × 70.35 ft
Exterior
Brick, Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$2,984/yr (2026)

Rooms

Upper

Living Room, Combined w/Dining
16.2 × 12.11 m

Lower

Living Room, Combined w/Kitchen
12 × 20 m

Other

Bedroom 2
n/a
Bedroom
n/a
Kitchen
n/a
Bedroom
n/a

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $250/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$0
Property tax$0
Insurance (est.)$0
Utilities (est.)$250
Total monthly$250
Land transfer tax$0 on closing

Ontario LTT

$0

First-time rebate

$0

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

Price & listing history

$1

Listed Jul 2, 2026

On the market

Sold comparables nearby

1864 Herbert Avenue, London EastSold

1864 Herbert Avenue, London East

2 bd·2 ba·700-1,100 sqft
238 Starlight Avenue, London EastSold

238 Starlight Avenue, London East

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$436,650

Sale-to-list ratio

97.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $6,000 household income

Minimum household income required

$6,000

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 59 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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