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Homes for Sale in London, Ontario

872 Lovett Street

London East, N5Z 1N5·MLS® X13530818·

Listing courtesy of Century 21 First Canadian Corp·Updated 9 hours ago

For sale
1 / 39
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$424,900

Est. $2,024/mo

Days on market

1

Listed Jul 7, 2026

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.

Property details

Basement

Finished, Full

Parking

1 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$320,038Below Market
$272,942$388,558

80% confidence · 30 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Argyle

London East, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,024
Property tax$460
Insurance (est.)$89
Utilities (est.)$250
Total monthly$2,823

Land transfer tax

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

Jul 7, 2026Listed
$424,900

Sold comparables nearby

52 EASTMAN Avenue, London EastSold

$405,000

52 EASTMAN Avenue, London East

2 bd·1 ba·700-1,100 sqft
36 Major Street, London EastSold

$367,000

36 Major Street, London East

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East L

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

$1,700

Rental yield

4.8%

Est. cash flow

-$1,123

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$105,862

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

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AI estimate

$320,038

Below Market

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