$999,999
Est. $4,685/mo mortgage
1988 RIVER Road · London East, N5W 6C2
MLS® X13644844
Listed Aug 6, 2026
Listing courtesy of Commitment Realty LTD.·Updated Aug 25
Description
1.09 ACRE LAND, Live and Run your own business from Home, , GI1 (General Industrial) Zoning, 2 Family home, , Easy showing with Lockbox, property was rented for $ 6,500.00 Monthly.
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Property details
Interior
- Interior
- 2000-2500 sqft
- Rooms
- 11 rooms · 2 kitchens
- Bathrooms
- 1 × 3-piece on Main, 1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 4-piece on Main
- Basement
- Crawl Space, Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 2-Storey
- Age
- 51-99 years
- Lot size
- 137.53 × 429.63 ft · .50-1.99 acres
- Exterior
- Vinyl Siding, Wood
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Septic
- Pool
- Above Ground
Parking
- Garage
- 6 car Carport
- Driveway
- Circular Drive (6 spaces)
- Parking
- 40 spaces
Fees & taxes
- Property tax
- $6,823/yr (2025)
Rooms
Main
- Kitchen, window, ceramic backsplash, ceramic floor
- 4.11 × 6.55 m
- Living Room, laminate, window
- 5.79 × 5.02 m
Second
- Bedroom, laminate, window
- 7.31 × 4.26 m
- Bedroom 2, laminate, window
- 4.26 × 3.2 m
- Bedroom 3, laminate, window
- 4.26 × 3.2 m
Ground
- Bedroom 5, laminate, window
- 4.57 × 3.81 m
- Kitchen, ceramic backsplash, ceramic floor, window
- 2.74 × 2.75 m
- Living Room, laminate, window
- 3.35 × 5.81 m
- Bedroom 4, laminate, window
- 4.57 × 2.74 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
62% confidence · 9 sold homes within 2 km, by price per sq ft
Monthly paymentest. $5,745/mo all in
Monthly payment estimate
Land transfer tax$16,475 on closing
Ontario LTT
$16,475
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
Listed Aug 6, 2026
Listed Aug 6, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$590,000
39 Martinet Avenue, London East
Sold$587,500
2751 Oriole Drive, London South
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 97.3% of asking.
Avg. sold price
$658,250
Sale-to-list ratio
97.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $242,000 household income
Minimum household income required
$242,000
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.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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