61 Godfrey Drive
London East, N5V 2E8·MLS® X13524288·
Listing courtesy of Modern Solution Realty INC.·Updated 2 hours ago
Listing price
$599,900
Est. $2,857/mo
Days on market
Listed Jul 5, 2026
Description
Outstanding curb appeal and beautiful landscaping welcome you to this updated all-brick bungalow. Inside, a bright foyer leads to a spacious living room featuring hardwood floors, a gas fireplace, and a large front window that fills the space with natural light. The open living and dining areas are perfect for everyday living and entertaining, with patio doors leading to a large deck overlooking the fully fenced backyard and detached garage. The kitchen offers abundant maple cabinetry and generous counter space. The main floor also features 3 bedrooms with hardwood flooring, an updated 4-piece bathroom. The fully finished lower level offers excellent income or in-law suite potential with a separate entrance, fire- and sound-insulated separation from the main floor, a bright living room with an electric fireplace, full kitchen, laundry, two bedrooms, and a 3-piece bathroom. Major updates include all windows, interior and exterior doors, eavestroughs, fascia, soffits, concrete porch, garage door, electrical, plumbing, furnace, owned hot water tank, and the main sewer line-all replaced. Roof replaced in 2016. Ideally located just a 10-minute walk to Fanshawe College and close to shopping, restaurants, banks, pharmacies, public transit, and other amenities, this move-in-ready home is an exceptional opportunity for families, investors, or multi-generational living.
Property details
Garage
1 car Detached
Basement
Separate Entrance, Finished
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$400,000
49 McNay Street, London East
Sold$641,000
91 Sweetbriar Court, London East
See all 10 comparables
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Market conditions · East D
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
$2,400
Rental yield
4.8%
Est. cash flow
-$1,482
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$145,577
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$618,497
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