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Homes for Sale in London, Ontario

85 Stevenson Avenue

London East, N5W 1Y6·MLS® X13564348·

Listing courtesy of The Realty Firm INC.·Updated 4 hours ago

For sale
1 / 49
2Beds
3Baths
700-1,100Sqft
Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

1

Listed Jul 15, 2026

Description

Welcome to this beautifully renovated home offering exceptional value and flexible living options. Thoughtfully updated from top to bottom, this move-in-ready property is perfect for families, multi-generational living, or buyers looking for mortgage helping income potential. The bright and inviting main level features an open-concept layout with elegant quartz countertops, stainless steel appliances including a gas stove, two spacious bedrooms, two full bathrooms, convenient main-floor laundry hookups, new interior doors, and a new 200-amp electrical panel with ESA certification. The fully finished lower level offers a self-contained granny suite with a private side entrance, a modern kitchen with quartz countertops, a generous bedroom with a walk-in closet, a full bathroom, in-suite laundry, and two large egress windows-ideal for extended family, guests, or rental opportunities. Outside, enjoy an oversized lot with parking for four vehicles and a rare drive-through garage featuring two new garage doors, providing excellent space for vehicles, hobbies, or additional storage. With quality renovations, versatile living space, and outstanding value in today's market, this is a home that truly stands out. Don't miss your opportunity to own this turnkey property! Book your private showing today!

Property details

Garage

1 car Detached

Basement

Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$412,500Below Market
$321,635$451,500

80% confidence · 32 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East N

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

Land transfer tax

Ontario LTT

$7,473

First-time rebate

$4,000

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

Price & listing history

Jul 15, 2026Listed
$549,900

Sold comparables nearby

352 Edmonton Street, London EastSold

$424,000

352 Edmonton Street, London East

3 bd·1 ba·700-1,100 sqft
47 Burslem Street, London EastSold

$425,000

47 Burslem Street, London East

2 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East N

Buyer's marketBalancedSeller's market

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

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$134,241

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$412,500

Below Market

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