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565 South Street

London East, N6B 1C5·MLS® X13734730

Listing courtesy of Right At Home Realty·Updated 19 hours ago

Listing price

$324,999

Est. $1,548/mo

Days on market

1

Listed Sep 2, 2026

For sale
1 / 8
4bd·2ba·700-1,100sqft·100+ yearsold

Description

Attention investors, Builders and Contractors Renovators! Prime location, trendy growing area, solid potential, this bungalow is ready for your personal touch. The property is close to transit, amenities and downtown. Strong potential for rental with separate entrances. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making an additional Residential Unit at the back. Properties as is, where is.

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Property details

Type
Detached, Bungalow
Age
100+ years
Lot size
29 × 93.14 ft
Interior
700-1100 sqft
Rooms
10 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 3-piece on Ground
Basement
Crawl Space
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer
Parking
2 spaces
Property tax
$2,012/yr (2025)

Rooms

Main

Common Room
4.32 × 2.65 m
Bedroom 4
3.05 × 2.3 m
Bedroom 2
2.6 × 2.8 m
Kitchen
2.74 × 2.07 m
Bathroom
1.82 × 3.05 m
Bathroom
2.37 × 1.52 m
Office
2.07 × 1.98 m
Bedroom
3.44292 × 2.92 m
Bedroom 3
2.43 × 2.71 m

AI property estimate

$367,281~13.0% above asking

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

$330,553$404,009

71% confidence · 36 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)$1,548
Property tax$352
Insurance (est.)$68
Utilities (est.)$250
Total monthly$2,218
Land transfer taxOne-time, on closing

Ontario LTT

$3,350

First-time rebate

$3,350

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 7% from the first ask

$324,999 6%

Listed Sep 2, 2026

On the market
$345,000 1%

Listed Apr 22, 2026 · 61 days on market

Listing expired

Jun 22, 2026

$349,000

Listed Aug 8, 2025 · 91 days on market

Listing expired

Nov 7, 2025

152 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

494 ENGLISH Street, London EastSold

$450,000

494 ENGLISH Street, London East

3 bd·2 ba·700-1,100 sqft
727 Queens Avenue, London EastSold

$385,000

727 Queens Avenue, London East

3 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

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

Avg. sold price

$460,000

Sale-to-list ratio

97.6%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$83,174

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

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AI estimate

$367,281

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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