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1235 Michael Street

London East, N5V 2H4·MLS® X13650340

Listing courtesy of Exp Realty·Updated 4 hours ago

For sale
1 / 29
3Beds
3Baths
700-1,100Sqft
51-99Year Built

Listing price

$599,990

Est. $2,858/mo

Days on market

1

Listed Aug 7, 2026

Description

Attn, Investors or First Time Home Buyers! Welcome to this beautifully renovated all-brick bungalow in London's East D community, situated on an impressive 55 x 130 ft lot. The main level offers 3 bedrooms and 1 full bathroom, while the finished basement includes 4 additional rooms, 1 full bathroom, 1 powder room and convenient separate side-door entrance access.The bright main floor features updated flooring in select areas, new baseboards, modern pot lights and electrical fixtures, and a beautifully upgraded kitchen with quartz countertops, a new centre island, stylish backsplash, new tile flooring and extensive cabinetry. Patio doors lead to a freshly painted rear deck and a fully fenced, private backyard.The finished lower level offers exceptional flexibility for extended family or in-law suite, guests, home offices, recreation space or potential rental use and potentially generate rental income upto $2500 per month potentially (after the unit is legalized). Additional upgrades include fresh interior and exterior paint, stylish black-accented windows, gutters and downspouts, plus a fully refreshed black garage exterior, garage door and trim. The home also features a rare oversized double-car garage, a furnace installed in 2022, central air conditioning installed in 2023 and replacement windows approximately between five to ten years old.Conveniently located near Fanshawe College, neighbourhood schools, parks, community centres, shopping, restaurants, public transit, Highbury Avenue and Highway 401. A rare opportunity offering modern renovations, substantial living space, a large private lot, excellent parking and impressive lower-level potential.

Property details

Garage

2 car Detached

Basement

Full, Finished

Parking

8 spaces

Type

Detached — Bungalow

Heating

Forced Air

Property tax

$3,923/yr (2025)

AI property estimate

$400,000~33.3% below asking

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

$348,000$452,000

74% confidence · 24 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,858
Property tax$650
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,883

Land transfer tax

Ontario LTT

$8,475

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 · asking price up 20% from the first ask

$599,990 20%

Listed Aug 7, 2026

On the market
$499,990

Listed Jul 24, 2026

On the market

Sold comparables nearby

6 Appel Street, London EastSold

$408,000

6 Appel Street, London East

2 bd·1 ba·700-1,100 sqft
1326 Fuller Street, London EastSold

$411,000

1326 Fuller Street, London East

3 bd·1 ba·700-1,100 sqft

See all 6 sold comparables

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Market conditions · Huron Heights

Buyer's marketBalancedSeller's market

Avg. sold price

$441,667

Sale-to-list ratio

98.8%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$145,597

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$400,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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