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433 South Street

London East, N6B 1C1·MLS® X13695870

Listing courtesy of Sutton Group - Select Realty·Updated 3 hours ago

Listing price

$829,000

Est. $3,948/mo

Days on market

1

Listed Aug 20, 2026

For sale
1 / 18
6bd·3ba·2,000-2,500sqft

Description

Excellent opportunity for investors seeking a well-positioned, income-producing property in London's sought-after SOHO neighbourhood. This spacious home offers an attractive configuration of three units with a total of 6 bedrooms, 3 kitchens and 3 bathrooms, providing flexibility for rental accommodation and strong tenant appeal. Recent updates to one of the units include a modern kitchen and appliances, refreshed bathroom, flooring and paint, along with convenient in-suite laundry. The property also features a finished basement, 4 private parking spaces and a generous 44.5' x 197' lot with shared outdoor space. Practical features include gas forced-air heating, central air and separate hydro metering. Conveniently located close to downtown, University Hospital, public transit, shopping, parks and other amenities. A compelling opportunity for investors looking for a multi-unit property with excellent rental potential, parking and a highly convenient location. Please allow at least 24 hour's notice for all showing requests.

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Property details

Type
Triplex — 2-Storey
Lot size
44.5 × 197 ft
Interior
2000-2500 sqft
Rooms
15 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Ground, 1 × 3-piece on Second, 1 × 3-piece on Basement
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Private (4 spaces)
Parking
4 spaces
Property tax
$5,197/yr (2025)

Rooms

Second

Dining Room
3.35 × 2.74 m
Bedroom 2
2.74 × 3.35 m
Primary Bedroom
3.35 × 3.35 m
Bedroom 3
3.35 × 3.05 m
Living Room
3.96 × 2.7 m
Kitchen
2.56 × 3.66 m

Ground

Living Room
3.96 × 3.53 m
Kitchen
3.78 × 3.6 m
Bedroom 2
2.44 × 3.05 m
Dining Room
3.66 × 3.6 m
Laundry
3.66 × 2.92 m
Primary Bedroom
2.74 × 3.05 m
Bedroom 3
2.74 × 3.05 m

AI property estimate

$591,386~28.7% below asking

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

$514,506$668,266

60% confidence · 5 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)$3,948
Property tax$898
Insurance (est.)$173
Utilities (est.)$250
Total monthly$5,269
Land transfer taxOne-time, on closing

Ontario LTT

$13,055

First-time rebate

$4,000

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

Price & listing history

$829,000

Listed Aug 20, 2026

On the market

Sold comparables nearby

720 Queens Avenue, London EastSold

$342,000

720 Queens Avenue, London East

6 bd·4 ba·2,000-2,500 sqft
92 Rectory Street, London EastSold

$200,000

92 Rectory Street, London East

7 bd·3 ba·2,000-2,500 sqft

See what these 5 homes sold for

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

Avg. sold price

$401,400

Sale-to-list ratio

92.8%

Based on 5 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$197,602

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

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AI estimate

$591,386

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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