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439 South Street

London East, N6B 1C1·MLS® X13695908

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

Listing price

$549,000

Est. $2,615/mo

Days on market

1

Listed Aug 20, 2026

For sale
1 / 13
5bd·2ba·1,500-2,000sqft·100+ yearsold

Description

Turnkey investment opportunity in a convenient central London location. This fully rented home offers an excellent addition to an income property portfolio, featuring 4 bedrooms, 2 kitchens and 2 bathrooms across two separate living spaces. The property sits on a generous 44.5' x 197' lot and includes 2 private parking spaces, providing valuable outdoor space and practical convenience for tenants. Additional features include gas forced-air heating, central air, municipal services and separate hydro metering. Ideally situated close to downtown, public transit, parks, schools and a wide range of everyday amenities. With an established rental configuration and a desirable central location, 439 South St. offers investors an opportunity to acquire a well-positioned income property with long-term rental potential. Please allow at least 24 hour's notice for all showing requests.

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Property details

Type
Duplex — Bungalow
Age
100+ years
Lot size
29.33 × 197 ft
Interior
1500-2000 sqft
Rooms
12 rooms · 2 kitchens
Bathrooms
1 × 3-piece on Ground, 1 × 4-piece on Ground
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Lane (2 spaces)
Parking
2 spaces
Property tax
$2,565/yr (2025)

Rooms

Ground

Bedroom 2
3.05 × 3.05 m
Bedroom 2
2.44 × 3.05 m
Kitchen
4.57 × 3.35 m
Primary Bedroom
3.35 × 2.44 m
Primary Bedroom
3.35 × 2.74 m
Kitchen
3.05 × 2.74 m
Dining Room
3.96 × 3.05 m
Living Room
3.056 × 3.66 m
Bedroom
3.35 × 2.74 m
Living Room
5.18 × 3.35 m

AI property estimate

$495,986~9.7% below asking

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

$431,508$560,464

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)$2,615
Property tax$595
Insurance (est.)$114
Utilities (est.)$250
Total monthly$3,573
Land transfer taxOne-time, on closing

Ontario LTT

$7,455

First-time rebate

$4,000

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

Price & listing history

$549,000

Listed Aug 20, 2026

On the market

Sold comparables nearby

524 Simcoe Street, London EastSold

$345,000

524 Simcoe Street, London East

5 bd·3 ba·1,500-2,000 sqft
117 Elmwood Avenue, London SouthSold

$865,000

117 Elmwood Avenue, London South

4 bd·2 ba·2,000-2,500 sqft

See what these 6 homes sold for

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

Avg. sold price

$649,502

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$134,006

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

Not sure about financing? Ask Colin

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AI estimate

$495,986

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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