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$475,000

Est. $2,225/mo mortgage

2+1bd·2ba·700-1,100sqft

151 Hale Street · London East, N5W 1E5

MLS® X13663542

47 days on market47 days on market

Listed Aug 11, 2026

Listing courtesy of Right At Home Realty·Updated 5 days ago

Description

This well-maintained home sits on an impressive 412-foot-deep, fully fenced lot offering exceptional space and opportunity. The long single driveway easily accommodates multiple vehicles, trailers, or recreational toys, with ample room to build a future shop or detached garage if desired. The main level features a spacious primary bedroom, a second well-sized bedroom, a full 4-piece bath, and bright, comfortable living and dining areas that flow seamlessly into the kitchen - ideal for everyday living. A separate entrance provides added flexibility and excellent potential for an in-law suite or future income setup. The finished lower level expands your living space with a large rec room, a 3-piece bath with laundry, and a generous utility room offering outstanding storage options. Furnace and A/C (heat pump) updated in 2023 (rental). Conveniently located with quick access to Hwy 401, downtown London, and Fanshawe College, this property is close to banks, grocery stores, restaurants, gas stations, and everyday amenities. Nearby walking trails provide a peaceful escape from the hustle and bustle. A fantastic opportunity for homeowners and investors alike - offering space, versatility, and excellent value.

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Property details

Interior

Size
700-1100 sqft
Bedrooms
2 above grade, 1 lower level
Rooms
2 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Full, Separate Entrance, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
40 × 412.5 ft
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Fibreglass Shingle
Water & sewer
Sewer

Parking

Driveway
Private (5 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$3,085/yr (2025)

Rooms

Main

Bathroom
2.24 × 2.24 m
Bedroom
3.2 × 3.18 m
Primary Bedroom
3.2 × 5.59 m
Dining Room
4.62 × 3.45 m
Kitchen
4.62 × 3.45 m
Living Room
4.62 × 3.61 m

Basement

Other
4.01 × 10.36 m
Bathroom
3.45 × 2.46 m
Common Room
3.45 × 6.81 m

AI property estimate

$372,000Estimate is ~21.7% below asking

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

$334,800$409,200

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East →

London East, ON

Monthly paymentest. $2,860/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$286
Insurance (est.)$99
Utilities (est.)$250
Total monthly$2,860
Land transfer tax$5,975 on closing

Ontario LTT

$5,975

First-time rebate

−$4,000

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

Price & listing history

$475,000

Listed Aug 11, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

228 Highbury Avenue, London EastSold

228 Highbury Avenue, London East

2 bd·2 ba·700-1,100 sqft
374 Hale Street, London EastSold

374 Hale Street, London East

3 bd·2 ba·1,100-1,500 sqft

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 97.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$444,167

Sale-to-list ratio

97.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $118,000 household income

Minimum household income required

$118,000

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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Rental market$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 70 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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