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$549,000

Estimated value $522K–$522K

Est. $2,572/mo mortgage

5bd·2ba·1,500-2,000sqft

439 South Street · London East, N6B 1C1

MLS® X13695908

46 days on market46 days on market

Listed Aug 20, 2026

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

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

Interior

Size
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

Building & lot

Type
Duplex, Bungalow
Age
100+ years
Lot size
29.33 × 197 ft
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Lane (2 spaces)
Parking
2 spaces

Fees & taxes

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

Estimated value range

$522K–$522K

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. $3,267/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,572
Property tax$331
Insurance (est.)$114
Utilities (est.)$250
Total monthly$3,267
Land transfer tax$7,455 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

324 Ridout Street, London SouthSold

324 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
107 Windsor Crescent, London SouthSold

107 Windsor Crescent, London South

6 bd·6 ba·3,000-3,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Downtown London

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$540,000

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $135,000 household income

Minimum household income required

$135,000

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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