Homes for Sale in London, Ontario
31 Eastman Avenue
London East, N5W 2M3·MLS® X13588318·
Listing courtesy of Blue Forest Realty INC.·Updated 5 hours ago
Listing price
$442,000
Est. $2,105/mo
Days on market
Listed Jul 21, 2026
Description
Welcome to this beautifully maintained 2 plus bedroom, 1-bathroom home nestled on a quiet street. Offering a great blend of charm, comfort, and thoughtful updates, this move-in-ready property is sure to impress. The bright main floor features two comfortable bedrooms, a spacious living room filled with natural light, and a separate dining room ideal for family meals and entertaining. The inviting kitchen offers great functionality with new appliances, while the lower-level laundry includes a new washer and dryer for added convenience. The newly completed lower-level space, finished in 2026 with stylish new flooring, is currently used as a bedroom and provides excellent additional living space. This versatile area could also be enjoyed as a family room, home office, or private retreat. Step outside to a huge fully landscaped and fenced backyard featuring a patio and pergola, creating the perfect setting for summer gatherings or relaxing evenings outdoors. A detached garage adds valuable storage and convenience.Additional updates include a new roof (2022), refinished hardwood floors, the majority of windows updated, and exterior sewer improvements, making this home a fantastic opportunity for first-time buyers, down-sizers, or investors alike. Conveniently located close to schools and amenities, this charming home offers comfort, flexibility, and pride of ownership throughout.
Property details
Garage
1 car Detached
Basement
Partially Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
81% 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
$5,315
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 N
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
$1,768
Rental yield
4.8%
Est. cash flow
-$1,158
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$109,724
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$385,000
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