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372 Simcoe Street

London East, N6B 1J7·MLS® X13656874

Listing courtesy of Keller Williams Lifestyles·Updated 3 hours ago

Listing price

$357,500

Est. $1,703/mo

Days on market

1

Listed Aug 10, 2026

For sale
1 / 50
2bd·3ba·1,500-2,000sqft

Description

Some homes tell a story. This one tells a love story of over 40 years. In 1989, the current owners transformed what was once a duplex into the single-family home where they built a lifetime of memories. They hosted countless dinners around the table and even celebrated their wedding in the backyard. The open-concept main floor was the heart of the home, filled with laughter, fantastic meals and family gatherings. Downstairs, the partially finished basement became movie central where the grandkids watched Disney classics while the adults lingered upstairs over conversation and homemade meatballs. As the years passed the home adapted alongside them. A stair lift was added to help them comfortably reach the second floor, allowing them to remain in the home they cherished as they grew older. Now, it's ready for its next chapter. **Features * 2+1 bedrooms * 2 full bathrooms * Originally a duplex, converted to a single-family home in 1989 (R3-1 zoning offers future potential for the right buyer) * Roof replaced in 2020 * Sewer line from the street to the home replaced in 2026 * Older windows that remain functional and energy efficient * Heated Workshop* Furnace and A/C age unknown * Chairlift has been removed * Water softener, water purification system and central vac - as-is. While the finishes reflect another era, the home has been lovingly maintained and offers generous space and endless potential. This home is being sold as-is because although the family spent a lot of time there, they don't know a lot of details. Whether you're a first time homebuyer, an investor or someone looking for a peaceful place to call home in SOHO, this is an opportunity to write the next chapter in a home that's already been filled with so much love.

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Property details

Basement
Partially Finished
Parking
7 spaces
Type
Detached — 2-Storey
Heating
Baseboard
Property tax
$2,414/yr (2025)

AI property estimate

$650,000~81.8% above asking

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

$565,500$734,500

64% confidence · 14 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,703
Property tax$387
Insurance (est.)$74
Utilities (est.)$250
Total monthly$2,414
Land transfer taxOne-time, on closing

Ontario LTT

$3,838

First-time rebate

$3,838

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

Price & listing history

Listed 2 times

$357,500

Listed Aug 10, 2026

On the market
$357,500

Listed Aug 10, 2026

On the market

Sold comparables nearby

754 LORNE Avenue, London EastSold

$455,000

754 LORNE Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
340 Ridout Street, London SouthSold

$769,000

340 Ridout Street, London South

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsOld East Village · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$568,333

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$90,524

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

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AI estimate

$650,000

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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