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$517,000

Est. $2,422/mo mortgage

2bd·1ba·700-1,100sqft

172 East Street · London East, N5Z 2R8

MLS® X13609274

58 days on market58 days on market

Listed Jul 27, 2026

Listing courtesy of Exp Realty·Updated yesterday

Description

This beautifully updated three bedroom bungalow sits on a spacious lot in East London's Hamilton Road neighbourhood, just minutes from downtown and close to the Thames Valley Parkway trail system. Inside, the home has been renovated from top to bottom, starting with the solid wood, soft close kitchen cabinetry (2022-23), complemented by main floor flooring (2020) and a fully updated bathroom (2021). The mechanical systems have been thoroughly modernized, including a new furnace and HVAC (2016), increased duct work from 4 to 5 inches (2022), updated electrical (2019, 2022) and plumbing (2021), a new roof (2022), windows (2021-2022), front and garden entry doors with a storm door (2021-2022), and new siding, fascia, soffit and downspouts (2022-23). The exterior clay pipe was replaced for drainage to the road (2019, 2021), while the attic and kitchen received blown-in insulation and the basement crawl space was fully encapsulated (2022). The finished basement offers additional living space with new flooring (2025) and a rebuilt staircase (2026), and major appliances including the stove (2019), fridge (2022), washer and dryer (2021), and dishwasher (2024) have all been replaced. Outside, enjoy a refaced front and rear deck (2020) with new front railings and privacy screens (2025), a detached garage, a workshop, and parking for six vehicles. Located close to East Park, St. Julien Park, and the shops and restaurants along Hamilton Road, with easy access to the Thames Valley Parkway trail network, this move-in ready home offers incredible value with virtually every major system updated in recent years.

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Property details

Interior

Interior
700-1100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main
Basement
Finished, Partial Basement
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
52.83 × 106.46 ft · < .50 acres
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Detached
Driveway
Private (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$3,605/yr (2025)

Rooms

Main

Kitchen
4.25 × 2.84 m
Kitchen
5.79 × 2.43 m
Primary Bedroom, window, closet
3.62 × 3.45 m
Bathroom
n/a
Bedroom
2.94 × 3.65 m
Living Room, Fireplace
4 × 4.7 m
Living Room
4.87 × 4.72 m
Bedroom, window, closet
3.5 × 2.83 m
Dining Room
2.43 × 2.13 m
Dining Room
4.28 × 2.69 m
Bedroom
3.5 × 3.65 m
Bedroom
2.74 × 2.33 m

Lower

Laundry
3.35 × 2.92 m
Utility Room
2.54 × 4.11 m
Recreation
3.5 × 4.77 m
Other
2.56 × 3.35 m

Basement

Bedroom
3.55 × 3.5 m
Recreation
4.74 × 3.56 m
Utility Room
4.16 × 2.57 m
Laundry
3.19 × 2.77 m

AI property estimate

$364,142Estimate is ~29.6% below asking

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

$327,728$400,556

76% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Glen Cairn

London East, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $3,092/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,422
Property tax$311
Insurance (est.)$108
Utilities (est.)$250
Total monthly$3,092
Land transfer tax$6,815 on closing

Ontario LTT

$6,815

First-time rebate

$4,000

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

Price & listing history

$517,000

Listed Jul 27, 2026

On the market

Sold comparables nearby

581 Hale Street, London EastSold

581 Hale Street, London East

2 bd·1 ba·< 700 sqft
190 Vancouver Street, London EastSold

190 Vancouver Street, London East

3 bd·1 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Glen Cairn

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 94.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$394,583

Sale-to-list ratio

94.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $128,000 household income

Minimum household income required

$128,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 72 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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