Homes for Sale in London, Ontario
166 Ashland Avenue
London East, N5W 4C9·MLS® X13544258·
Listing courtesy of Thrive Realty Group INC.·Updated 2 hours ago
Listing price
$447,900
Est. $2,133/mo
Days on market
Listed Jul 9, 2026
Description
Looking for your first home in London that offers comfortable living with the room to design and improve on your own timeline? Or maybe a smart investment in a high-growth neighbourhood? This might be it 166 Ashland Ave, is a charming and move-in ready 3+1 bedroom, 2-bath home located near the heart of Old East Village, one of London's most exciting and rapidly evolving neighbourhoods, you're just minutes from the energy of the Western Fair District and 100 Kellogg Lane. Enjoy local markets, live music, artisan vendors, and year-round events, all within a reasonable walk or quick drive. Spend weekends exploring nearby microbreweries, unique cafes, and the endless activities at The Factory and Hard Rock Hotel. Once inside, you'll immediately notice the fresh, modern appeal. The kitchen has been opened to the living room and features a peninsula with quartz countertop. Great style and function make everyday living and routines convenient and easy. Recently painted throughout, this home offers a clean, bright canvas that's perfect for first-time buyers who want something turnkey without the stress of renovations. With three spacious bedrooms plus an additional lower-level flex room/bedroom, this layout offers great options for growing families, young professionals, downsizers or investors looking to maximize rental potential. Whether it's a home office, guest suite, or future income opportunity, the space is there. The backyard truly sets this home apart- it's a huge, private outdoor space that the current owner fell in love with. It's rare to find this kind of lot in such a central location offering privacy and the ideal balance of sun and shade. Perfect for summer entertaining, energetic pets, gardening, or simply having quiet evenings under the sky, this backyard delivers lifestyle fun and long-term value.
Property details
Basement
Partially Finished
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
79% confidence · 33 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,433
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$425,000
47 Burslem Street, London East
Sold$227,000
73 Glenwood Avenue, London East
See all 10 comparables
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Market conditions · East M
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
$1,792
Rental yield
4.8%
Est. cash flow
-$1,169
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$111,055
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$366,923
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