1235 Michael Street
London East, N5V 2H4·MLS® X13708780
Listing courtesy of Exp Realty·Updated 17 hours ago
Listing price
$549,990
Est. $2,619/mo
Days on market
Listed Aug 25, 2026
Description
Attn, Investors or First Time Home Buyers! Welcome to this beautifully renovated all-brick bungalow in London's East D community, situated on an impressive 55 x 130 ft lot. The main level offers 3 bedrooms and 1 full bathroom, while the finished basement includes 4 additional rooms, 1 full bathroom, 1 powder room and convenient separate side-door entrance access.The bright main floor features updated flooring in select areas, new baseboards, modern pot lights and electrical fixtures, and a beautifully upgraded kitchen with quartz countertops, a new centre island, stylish backsplash, new tile flooring and extensive cabinetry. Patio doors lead to a freshly painted rear deck and a fully fenced, private backyard.The finished lower level offers exceptional flexibility for extended family or in-law suite, guests, home offices, recreation space or potential rental use and potentially generate rental income upto $2500 per month potentially (after the unit is legalized). Additional upgrades include fresh interior and exterior paint, stylish black-accented windows, gutters and downspouts, plus a fully refreshed black garage exterior, garage door and trim. The home also features a rare oversized double-car garage, a furnace installed in 2022, central air conditioning installed in 2023 and replacement windows approximately between five to ten years old.Conveniently located near Fanshawe College, neighbourhood schools, parks, community centres, shopping, restaurants, public transit, Highbury Avenue and Highway 401. A rare opportunity offering modern renovations, substantial living space, a large private lot, excellent parking and impressive lower-level potential.
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Property details
- Type
- Detached — Bungalow
- Age
- 51-99 years
- Lot size
- 55 × 130 ft
- Interior
- 700-1100 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Basement, 1 × 2-piece on Basement
- Basement
- Full, Finished
- Heating
- Forced Air
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
- Garage
- 2 car Detached
- Driveway
- Private Double (6 spaces)
- Parking
- 8 spaces
- Property tax
- $3,923/yr (2025)
Rooms
Main
- Living Room
- 4.07 × 3.48 m
- Bedroom 3
- 3.55 × 2.72 m
- Primary Bedroom
- 3.46 × 3.55 m
- Kitchen
- 5.05 × 3.6 m
- Bedroom 2
- 2.58 × 2.7 m
- Bathroom
- 1.96 × 2.54 m
Basement
- Bedroom 5
- 3.11 × 3.51 m
- Bathroom
- 2.41 × 1.98 m
- Bathroom
- 1.52 × 0.91 m
- Bedroom 4
- 3.15 × 3.51 m
- Den
- 2.46 × 3.43 m
- Bedroom
- 3.1 × 3.51 m
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
74% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentMortgage, tax and fees
Monthly payment estimate
Land transfer taxOne-time, on closing
Ontario LTT
$7,475
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 3 times · asking price up 10% from the first ask
Listed Aug 25, 2026
Listed Aug 7, 2026 · 17 days on market
Aug 24, 2026
Listed Jul 24, 2026 · 14 days on market
Aug 7, 2026
31 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
Sold$585,500
68 Hawkesbury Avenue, London East
Sold$595,000
430 Magnolia Crescent, London East
See what these 6 homes sold for
Create a free account to unlock premium data.
Market conditionsHuron Heights · last 90 days
Avg. sold price
$573,402
Sale-to-list ratio
97.5%
Based on 6 recent comparable sales near this home.
AffordabilityWhat income this home needs
Minimum household income required
$134,261
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$445,000
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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