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For sale
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$469,900

Est. $2,201/mo mortgage

4bd·4ba·1,100-1,500sqft

69 Connaught Avenue · London East, N5Y 3A5

MLS® X13640370

51 days on market51 days on market

Listed Aug 5, 2026

Listing courtesy of Blue Forest Realty INC.·Updated Sep 9

Description

Welcome to this spacious 2-unit home with great rental income. The main floor offers a generous living room filled with natural light, a roomy eat-in kitchen, and a main-floor master bedroom. An additional room on the main level provides flexibility ideal as a second bedroom, home office, or guest space. You'll also find a 3-piece washrooms for added convenience. Upstairs, two oversized bedrooms offer plenty of space for family or guests and offers a second 3-pc bath. With the main unit now vacant, this property offers excellent flexibility for investors looking to choose their own tenant, or for a new owner to live in the main unit while enjoying the benefit of rental income from the lower unit to help offset monthly expenses. The fully finished basement features a bright and updated granny suite with two bedrooms, including one with a private 3-piece en-suite. A second full bathroom, an eat-in kitchen, and newer carpeting throughout make this lower unit both comfortable and inviting. Out back, enjoy the peaceful view of a large pond and the bonus of McCormick Park just steps away, offering walking trails and green space right beyond your yard. This is a rare find combining space, flexibility, and a beautiful natural setting!

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Property details

Interior

Size
1100-1500 sqft
Rooms
7 rooms
Bathrooms
1 × 3-piece on Second, 1 × 3-piece on Main, 2 × 3-piece on Basement
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Lot size
30 × 115 ft
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
1 spaces

Fees & taxes

Property tax
$3,839/yr (2025)

AI property estimate

$483,900Estimate is ~3.0% above asking

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

$435,510$532,290

75% confidence · 33 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,832/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,201
Property tax$283
Insurance (est.)$98
Utilities (est.)$250
Total monthly$2,832
Land transfer tax$5,873 on closing

Ontario LTT

$5,873

First-time rebate

$4,000

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

Price & listing history

$469,900

Listed Aug 5, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

1039 Frances Street, London EastSold

1039 Frances Street, London East

3 bd·2 ba·1,100-1,500 sqft
681 Brant Street, London EastSold

681 Brant Street, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$467,917

Sale-to-list ratio

95.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $117,000 household income

Minimum household income required

$117,000

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$2,600/mo median for 4 bed nearby

$2,600/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 13 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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