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$829,000

Estimated value $788K–$788K

Est. $3,884/mo mortgage

6+3bd·3ba·2,000-2,500sqft

433 South Street · London East, N6B 1C1

MLS® X13695870

46 days on market46 days on market

Listed Aug 20, 2026

Listing courtesy of Sutton Group - Select Realty·Updated Aug 20

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

Interior

Size
2000-2500 sqft
Bedrooms
6 above grade, 3 lower level
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

Building & lot

Type
Triplex, 2-Storey
Lot size
44.5 × 197 ft
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

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

Estimated value range

$788K–$788K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old East Village →

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentest. $4,806/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,884
Property tax$499
Insurance (est.)$173
Utilities (est.)$250
Total monthly$4,806
Land transfer tax$13,055 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

720 Queens Avenue, London East

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

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 conditionsBuyer's market in Downtown London

Homes here are selling below asking. Based on 5 sales in the last 90 days, at an average of 92.8% of asking.

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.

Affordabilityneeds $201,000 household income

Minimum household income required

$201,000

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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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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