1988 RIVER Road
London East, N5W 6C2·MLS® X13644844
Listing courtesy of Commitment Realty LTD.·Updated 4 hours ago
Listing price
$1,199,900
Est. $5,715/mo
Days on market
Listed Aug 6, 2026
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.
Property details
Garage
6 car Carport
Basement
Crawl Space, Unfinished
Parking
40 spaces
Type
Detached — 2-Storey
Heating
Forced Air
Property tax
$6,823/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
71% confidence · 31 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$20,473
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 3 times · asking price down 19% from the first ask
Listed Aug 6, 2026
Listed Aug 6, 2026
Listed Nov 17, 2025 · 256 days on market
Jul 31, 2026
256 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.
Sold comparables nearby
Sold$485,000
7 BAFFIN Place, London East
Sold$635,000
1668 Hamilton Road, London East
See all 6 sold comparables
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Market conditions · London East
Avg. sold price
$748,917
Sale-to-list ratio
95.9%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$281,801
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$892,598
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
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