$539,900
Est. $2,529/mo mortgage
515 Third Street · London East, N5V 2C1
MLS® X13676174
Listed Aug 14, 2026
Listing courtesy of Right At Home Realty·Updated Sep 2
Description
Excellent Investment Opportunity In London East. Three Bedroom, TWO Full Bathrooms Bungalow With ExcellentProximity To Fanshawe College. Features Oversized Quality Built Garage (30Ftx40Ftx9Ft Clear) 1200 square feet , with washroom, heated & seperate metre . With Independent Electrical Power And Heat. Ideal For A Small Business Or Workshop! Large Lot And BackyardFor Expansion Opportunities. Commercial Shopping, Bus Routes, Schools And Many Amenities Nearby
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Property details
Interior
- Size
- 1100-1500 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 3-piece on Main, 1 × 4-piece on Main
- Basement
- Unfinished, Development Potential
- Heating
- Forced Air
- Cooling
- None
Building & lot
- Type
- Detached, Bungalow
- Age
- 100+ years
- Lot size
- 46.62 × 182.61 ft · < .50 acres
- Exterior
- Brick Veneer, Vinyl Siding
- Foundation
- Block, Concrete
- Roof
- Asphalt Shingle, Tar and Gravel
- Water & sewer
- Sewer
Parking
- Garage
- 4 car Detached
- Driveway
- Available, Inside Entry, Lane, Private, RV/Truck (6 spaces)
- Parking
- 10 spaces
Fees & taxes
- Property tax
- $3,219/yr (2025)
Rooms
Main
- Living Room
- 5.41 × 3.56 m
- Bedroom 3
- 2.79 × 2.36 m
- Kitchen
- 3.96 × 2.44 m
- Bedroom
- 5.08 × 3.2 m
- Bedroom 2
- 2.79 × 2.62 m
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 · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $3,217/mo all in
Monthly payment estimate
Land transfer tax$7,273 on closing
Ontario LTT
$7,273
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
Listed Aug 14, 2026
Listed Aug 14, 2026
Sold comparables nearby
Sold$455,000
1175 LANCASTER Street, London East
Sold$468,000
374 Hale Street, London East
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 95.7% of asking.
Avg. sold price
$458,833
Sale-to-list ratio
95.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $133,000 household income
Minimum household income required
$133,000
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.
Not sure about financing? Ask Colin →Rental market$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 55 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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