$779,999
Est. $3,654/mo mortgage
159 Montebello Drive · London East, N5W 1S1
MLS® X13535068
Listed Jul 7, 2026
Listing courtesy of Homelife/miracle Realty LTD·Updated Jul 31
Description
Detached house with LEGAL BASEMENT APARTMENT, 3-bedroom situated on a (60X125) extra large premium lot with 1724 sq ft of living area. This home stands out with incredible future potential, the expansive front and side yard offers the possibilities to explore an additional dwelling units in the future, making it a forward thinking investment in rapidly growing market. Full Of Natural Light featuring a fully permitted, 2-bedroom legal basement suite with 2 washroom. Perfect for house hacking or a strong addition to your rental portfolio significantly help with mortgage payments. The lower level features its own separate entrance, private laundry, and strong income potential. The main floor flows easily from the bright living room through to the kitchen. This Home has been freshly painted with new flooring, new furnace 2024 and hot water tank 2025 (owned) with 200 Amp upgraded electrical panel. Walking distance to all amenities. Close to top-rated schools, parks, major transit hubs and quick access for any commuter, it's all close by. A lovely, generous side and front yard with room to garden, gather, or simply breathe. And just steps from your front door, beautiful trail network is waiting, the perfect way to start or end your day. But once you're home, you won't want to be anywhere else. TWO BEDROOM DWELLING UNIT(REGISTERED LEGAL BASEMENT)
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 9 rooms · 2 kitchens
- Bathrooms
- 1 × 3-piece on Main, 1 × 3-piece on Basement, 1 × 2-piece on Basement
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 125 × 60 ft
- Exterior
- Brick
- Foundation
- Other
- Roof
- Unknown
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double (5 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $4,249/yr (2025)
Monthly paymentest. $4,536/mo all in
Monthly payment estimate
Land transfer tax$12,075 on closing
Ontario LTT
$12,075
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
Sold comparables nearby
Sold$525,000
50 Glass Avenue, London East
Sold$429,000
48 Heather Crescent, London East
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsBalanced market in London East
Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98.6% of asking.
Avg. sold price
$482,667
Sale-to-list ratio
98.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $190,000 household income
Minimum household income required
$190,000
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 →Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.
