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$424,900

Est. $1,991/mo mortgage

3bd·2ba·700-1,100sqft

872 Lovett Street · London East, N5Z 1N5

MLS® X13530818

78 days on market78 days on market

Listed Jul 7, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Jul 8

Description

Welcome to 872 Lovett Street in London, Ontario, a charming, nearly century-old bungalow situated on a quiet corner in a family-friendly pocket, close to parks, schools, shopping, transit, and easy access to the 401. Built in 1926, this thoughtfully cared-for home blends cozy curb appeal with smart, modern updates, making it ideal for young couples seeking their first home or investors looking for a turn-key addition to their portfolio. With 3 bedrooms and 2 full bathrooms, this property offers both space and functionality for today's buyers. Inside, you will find a bright and welcoming living room alongside three comfortable bedrooms, all recently refreshed for a timeless and modern feel. The heart of the home, the kitchen, and the full bathroom were completely updated in 2022 with new countertops, sink, flooring, and fixtures, creating a space designed for both style and practicality. That same year, the basement was renovated and includes a versatile den space, making the lower level perfect for cozy gatherings, a home office, or a guest space, featuring its own separate entrance. In 2023, further essential upgrades were completed, including a brand-new 200-amp electrical panel, new appliances, backyard fence replacement, and the installation of a damp-proof membrane to ensure long-term comfort and peace of mind. 872 Lovett Street seamlessly combines classic charm with modern efficiency, all within a peaceful and well-connected London location. Whether you are launching into homeownership or expanding your rental portfolio, this property offers dependable comfort, strong investment potential, and the perfect balance of character and convenience.

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Property details

Interior

Interior
700-1100 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
29.5 × 80 ft
Exterior
Brick, Wood
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Private (1 spaces)
Parking
1 spaces

Fees & taxes

Property tax
$1,961/yr (2025)

AI property estimate

$340,000Estimate is ~20.0% below asking

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

$306,000$374,000

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

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

Monthly paymentest. $2,586/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,991
Property tax$256
Insurance (est.)$89
Utilities (est.)$250
Total monthly$2,586
Land transfer tax$4,973 on closing

Ontario LTT

$4,973

First-time rebate

$4,000

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

Price & listing history

$424,900

Listed Jul 7, 2026

On the market

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

Sold comparables nearby

367 Maitland Street, London EastSold

367 Maitland Street, London East

3 bd·2 ba·2,000-2,500 sqft
479 Woodman Avenue, London EastSold

479 Woodman Avenue, London East

2 bd·1 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 93.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$365,417

Sale-to-list ratio

93.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $106,000 household income

Minimum household income required

$106,000

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$2,198/mo median for 3 bed nearby

$2,198/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 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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