Homes for Sale in London, Ontario
77 Elm Street
London East, N5Z 2K4·MLS® X13588154·
Listing courtesy of Pc275 Realty INC.·Updated 5 hours ago
Listing price
$549,900
Est. $2,619/mo
Days on market
Listed Jul 21, 2026
Description
Welcome to this thoughtfully renovated bungalow that perfectly blends modern style, character, and income potential! Ideally located in a family-friendly neighbourhood just minutes from parks, the recreation centre, and arena, this move-in-ready home offers exceptional value. The bright and inviting main floor features two bedrooms, an open-concept living and dining area with soaring ceilings and stunning exposed beams, creating a warm and spacious atmosphere. The beautifully designed kitchen offers an abundance of cabinetry and counter space, while the large bathroom is filled with natural light from the skylight above. The partially finished basement includes a third bedroom and offers additional space ready for your personal finishing touches -- ideal for a family room, home office, gym, or extra storage. Your own backyard oasis awaits! Spend summer days relaxing by the in ground pool, complete with a new pool cover, sand filter, and equipment (2026). The large deck with a natural gas BBQ hookup provides the perfect space for entertaining family and friends, while the expansive covered front porch is an inviting place to enjoy your morning coffee or unwind in the evening. One of this property's most impressive features is the detached garage, which has been converted into a self-contained bachelor apartment and is currently generating rental income. The front section of the garage remains a dedicated pool equipment room, offering convenient storage and functionality. Additional updates include new windows and doors (2025), as well as a new air conditioner and boiler unit, providing peace of mind for years to come. Whether you're looking for a beautifully updated family home, a property with mortgage-helping rental income, or an investment opportunity, this unique bungalow truly has it all. Don't miss your chance to own this exceptional home!
Property details
Basement
Partially Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Water
AI property estimate
78% confidence · 31 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
$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
Sold comparables nearby
Sold$380,000
486 Hale Street, London East
Sold$365,000
1176 Florence Street, London East
See all 10 comparables
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Market conditions · East M
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
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$530,000
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