Homes for Sale in London, Ontario
123 Mill Street
London East, N6A 1P7·MLS® X13577296·
Listing courtesy of Sutton Group - Select Realty·Updated 4 hours ago
Listing price
$649,900
Est. $3,095/mo
Days on market
Listed Jul 17, 2026
Description
Make sense with your dollars...superb investment opportunity or live-in with income describes this brick century home in fabulous core rental area. This legal duplex boasts a two bedroom one bath main floor unit with high ceilings, classic original trim and a spacious updated eat in kitchen, plus a generous living area and two sun-filled bedrooms. The upper three bedroom one bath unit is equally updated and also offers ample space in the living area and bedrooms. Both units have in suite laundry. Separate hydro meters and most windows replaced. The property could easily be converted back to a single family home or live in one unit and have the other assist with your mortgage. Vacant so you can move right in or choose your future tenants.
Property details
Basement
Unfinished
Parking
3 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
53% confidence · 7 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$849,900
18 Angus Court, London North
Sold$1,300,000
439 Regent Street, London East
See all 10 comparables
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Market conditions · East F
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
$2,600
Rental yield
4.8%
Est. cash flow
-$1,584
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$156,914
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$540,845
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