Homes for Sale in London, Ontario
25 Laurentian Drive
London East, N5W 1N8·MLS® X13560400·
Listing courtesy of Re/max Advantage Realty LTD.·Updated 2 hours ago
Listing price
$525,000
Est. $2,500/mo
Days on market
Listed Jul 14, 2026
Description
Welcome to this spacious all-brick bungalow in London's established Fairmont neighbourhood, a family-friendly community known for its mature trees, quiet streets, nearby parks, schools, and easy access to everyday amenities. Backing directly onto a school yard with no rear neighbours, this home offers privacy and a peaceful setting on a quiet crescent with virtually no through traffic. Fairmont is primarily made up of detached homes and bungalows, making it a popular choice for families, retirees, and multi-generational households. Inside, you'll find a thoughtfully updated layout featuring a bright family room addition, updated kitchens, and a versatile in-law suite ideal for multi-generational living. The home offers hard surface flooring throughout with no carpet, making cleaning and maintenance simple. The lower level provides excellent flexibility for extended family, guests, or potential rental income. Previously rented for $1,850/month, the basement has served as an excellent mortgage helper. Whether you're looking for space for family, income potential, or both, this property delivers exceptional value in a sought-after East London location.
Property details
Basement
Finished
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
81% confidence · 34 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,975
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$227,000
73 Glenwood Avenue, London East
Sold$485,000
7 BAFFIN Place, London East
See all 10 comparables
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Market conditions · East O
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
$2,100
Rental yield
4.8%
Est. cash flow
-$1,328
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$128,557
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$620,389
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