97 William Street
London East, N6B 3B2·MLS® X13600154·
Listing courtesy of Royal Lepage Triland Realty·Updated 3 hours ago
Listing price
$419,900
Est. $2,000/mo
Days on market
Listed Jul 23, 2026
Description
Opportunity meets comfort with this well-maintained 2-bedroom, 2-bathroom bungalow situated on a rare 66 foot wide double lot in the heart of London's vibrant SOHO neighbourhood. Featuring desirable R2-2 zoning, this property offers exciting future development potential while providing an excellent place to call home today. The main floor offers a functional layout with two spacious bedrooms, two full bathrooms, convenient main floor laundry (which previously served as a third bedroom and could easily be converted back into a bedroom or home office), a bright living room, a large eat-in kitchen, and a welcoming sunroom that adds even more versatile living space. Step outside to enjoy the expansive, fully fenced yard complete with a wrap-around deck, a large side yard, and an oversized detached workshop with hydro-perfect for hobbyists, extra storage, or workspace needs. The private double-wide driveway accommodates up to seven vehicles and is secured by a gate at the end of the drive, offering added privacy and peace of mind. Recent updates include the kitchen (2026), shingles (2023), flooring, interior painting, and modern lighting (2023), making this home move-in ready. Ideally located just a short walk from Meredith Park, you'll enjoy access to some of London's finest tennis courts and beautifully maintained green space. Whether you're a first-time buyer, investor, or someone looking for a property with future development potential, this is an exceptional and rare opportunity. Offered at under $400,000, this home delivers outstanding value in a central location. Don't miss your chance to make it yours!
Property details
Basement
Crawl Space, Unfinished, Partial Basement
Parking
7 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
69% confidence · 18 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,873
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$417,500
29 Weston Street, London South
Sold$585,000
478 MOORE Street, London South
See all 10 comparables
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Market conditions · East K
Avg. sold price
$401,267
Sale-to-list ratio
99.4%
Based on 6 recent comparable sales near this home.
Investment analysis
Est. monthly rent
$1,680
Rental yield
4.8%
Est. cash flow
-$1,112
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$104,691
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$367,281
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Real Estate Agent
519-859-4579 · colinabbot@gmail.com
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