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$445,000

Est. $2,085/mo mortgage

3bd·2ba·1,100-1,500sqft

764 King Street · London East, N5W 2X4

MLS® X13555242

73 days on market73 days on market

Listed Jul 13, 2026

Listing courtesy of Sutton Group - Select Realty·Updated Jul 13

Description

Great property to add to your investment portfolio. New tenant on month to month rental basis. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is tenanted with rent of $2500 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
8 rooms
Bathrooms
1 × 3-piece on Lower, 1 × 4-piece on Upper
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Lot size
33.17 × 164 ft
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
3 spaces

Fees & taxes

Property tax
$2,297/yr (2025)

AI property estimate

$472,154Estimate is ~6.1% above asking

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

$424,939$519,369

71% 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. $2,696/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,085
Property tax$268
Insurance (est.)$93
Utilities (est.)$250
Total monthly$2,696
Land transfer tax$5,375 on closing

Ontario LTT

$5,375

First-time rebate

$4,000

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

Price & listing history

$445,000

Listed Jul 13, 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 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$388,617

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $111,000 household income

Minimum household income required

$111,000

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 62 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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