Homes for Sale in London, Ontario
764 King Street
London East, N5W 2X4·MLS® X13555242·
Listing courtesy of Sutton Group - Select Realty·Updated 6 hours ago
Listing price
$445,000
Est. $2,119/mo
Days on market
Listed Jul 13, 2026
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.
Property details
Basement
Partially Finished
Parking
3 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
75% confidence · 24 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
$5,375
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$280,000
190 Clarence Street, London East
Sold$399,322
453 Salisbury Street, London East
See all 10 comparables
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Market conditions · East L
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
$1,780
Rental yield
4.8%
Est. cash flow
-$1,165
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$110,419
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$453,228
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