581 Hale Street

London East, N5W 1H7·MLS® X13753072

Listing courtesy of Blue Forest Realty INC.·Updated yesterday

Listing price

$359,999

Est. $1,715/mo

Days on market

Listed Sep 8, 2026

For sale

1 / 27

2bd·1ba·< 700sqft·51 to 99 yearsold

Description

Client RemarksThis solid 1956 brick bungalow presents an exceptional opportunity for first-time buyers and investors alike, combining timeless character with essential modern updates. Step inside to find original hardwood flooring throughout the living room and both bedrooms, complemented by the recent addition of brand-new stainless steel appliances in the functional kitchen space. Peace of mind is guaranteed with a newer high-end roof shingle. The home features newer windows, and a high-efficiency furnace paired with central air conditioning to ensure year-round comfort. Beyond its current charm, this property offers immense potential for creative renovations, sitting on a deep 120-foot mature lot with a private driveway. The interior includes a partially finished lower level with a surprisingly spacious family room, providing additional living space or a head start on further customization. Complete with a fully fenced yard for privacy and security on a level lot, this home is a versatile blank canvas waiting for your vision-so come check it out!! This property is being sold in "as is" condition

Property details

Type: Detached, Bungalow
Age: 51-99 years
Lot size: 33.43 × 120.4 ft
Interior: < 700 sqft
Rooms: 4 rooms
Bathrooms: 1 × 4-piece on Main
Basement: Partially Finished
Heating: Forced Air
Cooling: Central Air
Exterior: Brick
Foundation: Concrete Block
Roof: Asphalt Shingle
Water & sewer: Sewer
Driveway: Private (3 spaces)
Parking: 3 spaces
Property tax: $3,172/yr (2025)

Rooms

Main

Living Room: 5.32 × 3.17 m
Kitchen: 3.67 × 3.17 m
Bedroom 2: 3.14 × 3.03 m
Primary Bedroom: 3.83 × 3.01 m
Bathroom, 4 Pc Bath: 1.54 × 2.08 m

Lower

Laundry: 9.58 × 3.69 m
Family Room: 9.97 × 4.33 m

AI property estimate

$318,700Estimate is ~11.5% below asking

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

$286,830$350,570

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,715

Property tax$390

Insurance (est.)$75

Utilities (est.)$250

Total monthly$2,430

Land transfer taxOne-time, on closing

Ontario LTT

$3,875

First-time rebate

−$3,875

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

Price & listing history

Listed 2 times · asking price down 6% from the first ask

$359,999↓ 6%

Listed Sep 8, 2026

On the market

$384,900

Listed May 1, 2026 · 130 days on market

Taken off the market

Sep 8, 2026

130 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

Sold

$614,000

12 Shepherd Avenue, London East

3 bd·3 ba·1,100-1,500 sqft

Sold

$365,000

1068 Margaret Street, London East

2 bd·1 ba·700-1,100 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

$414,667

Sale-to-list ratio

98%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$96,000

Based on 20% down, a 7.24% qualifying rate (the 5.24% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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