$449,000
Est. $2,103/mo mortgage
1237 Landor Street · London East, N5Y 3W2
MLS® X13532710
Listed Jul 7, 2026
Listing courtesy of Colliers Southwestern Ontario·Updated Jul 7
Description
**Turnkey investment opportunity!** This well-maintained **3+2 bedroom home** is **fully tenanted with a signed lease commencing August 1**, providing immediate rental income from day one. An excellent opportunity for investors seeking a hassle-free, income-producing property.The functional layout with multiple living areas offers strong long-term rental appeal and excellent income-generating potential. The finished lower level adds valuable living space, ideal for tenants, extended family, or a home office setup. Features include neutral finishes, hardwood flooring on the main level, durable tile in high-traffic areas, in-suite laundry, multiple bathrooms, and ample parking with a long private driveway.Conveniently located close to Fanshawe College, public transit, shopping, restaurants, and everyday amenities, this is a **true turnkey investment** in a high-demand rental location. Simply take ownership and start generating rental income from day one.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 3-piece on Main, 1 × 3-piece on Lower
- Basement
- Finished, Full
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 2-Storey
- Lot size
- 50 × 91.75 ft
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (2 spaces)
- Parking
- 2 spaces
Fees & taxes
- Property tax
- $2,783/yr (2025)
Rooms
Main
- Bedroom
- 3.75 × 5.38 m
- Living Room
- 4.87 × 5.48 m
- Bathroom
- 3.86 × 1.47 m
- Kitchen
- 4.26 × 2.43 m
Upper
- Bedroom
- 3.86 × 4.57 m
- Bedroom 2
- 3.86 × 4.57 m
Lower
- Bathroom
- 2.74 × 1.52 m
- Bedroom 2
- 5.38 × 5.33 m
- Bedroom
- 5.08 × 3.04 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $2,718/mo all in
Monthly payment estimate
Land transfer tax$5,455 on closing
Ontario LTT
$5,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 7, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$380,000
479 Woodman Avenue, London East
Sold$597,400
93 Goldwick Crescent, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Argyle
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97% of asking.
Avg. sold price
$506,067
Sale-to-list ratio
97%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $112,000 household income
Minimum household income required
$112,000
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$2,400/mo median for 3 bed nearby
$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 54 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
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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