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42 Mark Street

London East, N2V 2G5·MLS® X13597586

Listing courtesy of Homelife/miracle Realty LTD·Updated Aug 13

Listing price

$549,000

Est. $2,615/mo

Days on market

46

Listed Jul 23, 2026

For sale
1 / 17
3bd·2ba·700-1,100sqft

Description

Welcome to this spacious and well-maintained bungalow, perfect for families, multi-generational living, or investors. The main floor offers 3 generous bedrooms and has been updated with a brand-new kitchen and new flooring throughout. The finished basement features a separate entrance, providing excellent flexibility for extended family, guests, or additional living space. Ideally located within walking distance to Fanshawe College, this property also offers outstanding rental potential with the possibility of a 6-bedroom setup. Enjoy the convenience of being close to shopping, grocery stores, schools, parks, playgrounds, public transit, and easy highway access. A fantastic opportunity to own a home that combines comfort, versatility, and a prime location. Wood burning fireplace is in AS-IS condition.

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Property details

Type
Detached, Bungalow
Lot size
50 × 128.52 ft
Interior
700-1100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Finished, Separate Entrance
Heating
Forced Air
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer
Parking
4 spaces
Property tax
$3,351/yr (2026)

AI property estimate

$405,853~26.1% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$365,268$446,438

73% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,615
Property tax$595
Insurance (est.)$114
Utilities (est.)$250
Total monthly$3,573
Land transfer taxOne-time, on closing

Ontario LTT

$7,455

First-time rebate

$4,000

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

Price & listing history

Listed 2 times over 1 month · asking price up 10% from the first ask · sold 5% below the final ask

$549,000 10%

Listed Jul 23, 2026

On the market
$499,900

Listed Sep 17, 2025 · 22 days on market

Sold

Oct 9, 2025

22 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

1 Pickwick Place, London EastSold

$366,000

1 Pickwick Place, London East

3 bd·2 ba·1,500-2,000 sqft
1510 Perth Avenue, London EastSold

$570,000

1510 Perth Avenue, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$482,917

Sale-to-list ratio

96.6%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$134,006

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

Not sure about financing? Ask Colin

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AI estimate

$405,853

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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