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89 Inkerman Street

London East, N5Z 1X3·MLS® X13705858

Listing courtesy of Keller Williams Lifestyles·Updated 14 hours ago

Listing price

$265,000

Est. $1,262/mo

Days on market

2

Listed Aug 24, 2026

For sale
1 / 31
3bd·1ba·700-1,100sqft

Description

Welcome to 89 Inkerman Street, a well-maintained 3-bedroom, 1-bathroom bungalow offering an excellent opportunity for first-time buyers, investors, or those looking to enter the London market. The functional layout features spacious rooms and a generous primary bedroom with an oversized closet. Recent updates include a new roof (2024) and upgraded 200-amp electrical service (2024), providing added peace of mind for the next owner. Currently tenanted, the property offers flexibility for investors to continue with the existing tenancy, while buyers looking to make the home their own can explore vacant possession options. Outside, the deep backyard provides plenty of space for entertaining, children, pets, or future outdoor projects, while the private driveway accommodates up to 4 vehicles. Conveniently located near downtown London, schools, parks, public transit, grocery stores, restaurants, and the Western Fair District, this property combines an accessible price point with strong long-term potential. Recent home inspection report available to interested buyers upon request

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Property details

Type
Detached — Bungalow
Lot size
42.04 × 132.52 ft
Interior
700-1100 sqft
Rooms
3 rooms
Bathrooms
1 × 3-piece on Main
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Private (4 spaces)
Parking
4 spaces
Property tax
$2,531/yr (2025)

Rooms

Main

Bathroom 3 Pc Bath
2.55 × 1.98 m
Kitchen
3.65 × 3.6 m
Other
2.14 × 2.18 m
Living Room
2.96 × 3.58 m
Bedroom 2
2.23 × 3.38 m
Dining Room
5.7 × 3.58 m
Bedroom
3.51 × 3.38 m
Primary Bedroom B/I Closet
2.6 × 3.38 m

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)$1,262
Property tax$287
Insurance (est.)$55
Utilities (est.)$250
Total monthly$1,854
Land transfer taxOne-time, on closing

Ontario LTT

$2,450

First-time rebate

$2,450

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

Price & listing history

Listed 3 times · asking price down 22% from the first ask

$265,000 9%

Listed Aug 24, 2026

On the market
$289,900 15%

Listed May 1, 2026

On the market
$339,900

Listed Sep 12, 2023 · 149 days on market

Listing expired

Feb 8, 2024

149 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

491 Central Avenue, London EastSold

$321,000

491 Central Avenue, London East

2 bd·1 ba·1,100-1,500 sqft
372 Simcoe Street, London EastSold

$357,500

372 Simcoe Street, London East

2 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$403,767

Sale-to-list ratio

101.3%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$69,533

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

Not sure about financing? Ask Colin

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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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