Skip to content

491 Central Avenue

London East, N6B 2G2·MLS® X13663148

Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago

Listing price

$299,900

Est. $1,428/mo

Days on market

1

Listed Aug 11, 2026

For sale
1 / 24
2bd·1ba·1,100-1,500sqft·100+ yearsold

Description

Opportunity knocks at 491 Central Ave! This charming 2-bedroom, 1-bathroom bungalow is ready for someone with vision. Featuring a welcoming covered front porch, classic character, and a mature, tree-lined lot, this property offers plenty of potential for renovators, investors, or buyers looking to create something of their own.The home requires updating and is being sold as-is, where-is. Updates include a newer furnace. Conveniently located close to downtown, shopping, transit, schools, parks, and major amenities. A great opportunity to renovate, build equity, and make this central London property your own.

Read more ›

Property details

Basement
Unfinished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$4,459/yr (2025)

AI property estimate

$545,000~81.7% above asking

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

$474,150$615,850

71% confidence · 18 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Woodfield

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,428
Property tax$325
Insurance (est.)$62
Utilities (est.)$250
Total monthly$2,065
Land transfer taxOne-time, on closing

Ontario LTT

$2,974

First-time rebate

$2,974

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

Price & listing history

$299,900

Listed Aug 11, 2026

On the market

Sold comparables nearby

31 Blackfriars Street, London NorthSold

$350,000

31 Blackfriars Street, London North

3 bd·1 ba·1,100-1,500 sqft
647 Piccadilly Street, London EastSold

$500,000

647 Piccadilly Street, London East

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsHamilton Road · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$575,750

Sale-to-list ratio

98.1%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$77,446

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

Not sure about financing? Ask Colin

Similar Listings

Own a home in Hamilton Road?

Homes are selling in an average of 1 day.

Get your free valuation →

AI estimate

$545,000

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc.. You can unsubscribe at any time.

Get notified about similar homes

New detached listings in East F.