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Homes for Sale in London, Ontario

12 Shepherd Avenue

London East, N5V 4S3·MLS® X13582530·

Listing courtesy of Royal Lepage Triland Realty·Updated 11 hours ago

For sale
1 / 43
3Beds
3Baths
1,100-1,500Sqft
31-50Year Built

Listing price

$609,000

Est. $2,901/mo

Days on market

2

Listed Jul 20, 2026

Description

Welcome to 12 Shepherd Avenue, a solid brick bungalow located on a quiet dead-end street. Main floor features a living room, kitchen that opens to dining room, main-floor primary bedroom with 3 piece ensuite and double closets, as well as 2 other bedrooms and 4 piece bath. The finished basement expands your living space, offering a large recreation room, a built-in bar, additional bedroom with walk-in closet, laundry, storage and 2 piece bath. A separate walk-up from the basement leads directly to the attached garage, providing excellent potential for an alternative entrance. Outside, the property has a massive double concrete driveway with ample parking, and a private back yard perfect for relaxing. Updates include: concrete driveway (2025) fence and stonework (2023) gas fireplace (2023) dishwasher (2022) ensuite bath Ultimate Bath Systems (2021) central air and furnace (2016). Situated close to schools, Fanshawe College, parks, shopping, and transit, this home offers fantastic functional space in a peaceful neighbourhood.

Property details

Garage

1.5 car Attached

Basement

Finished, Walk-Up

Parking

9 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$592,500Below Market
$486,250$712,833

80% confidence · 28 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,901
Property tax$660
Insurance (est.)$127
Utilities (est.)$250
Total monthly$3,937

Land transfer tax

Ontario LTT

$8,655

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 20, 2026Listed
$609,000

Sold comparables nearby

1948 Royal Crescent, London EastSold

$462,500

1948 Royal Crescent, London East

3 bd·2 ba·1,100-1,500 sqft
422 Loverage Street, London EastSold

$385,000

422 Loverage Street, London East

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East H

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

$2,436

Rental yield

4.8%

Est. cash flow

-$1,501

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

$147,647

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

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AI estimate

$592,500

Below Market

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