709 Princess Avenue

London East, N5W 3M2·MLS® X13759284

Listing courtesy of London Living Real Estate LTD.·Updated yesterday

Listing price

$575,000

Est. $2,739/mo

Days on market

Listed Sep 9, 2026

For sale

1 / 50

3bd·3ba·1,500-2,000sqft·100+ yearsold

Description

Welcome to 709 Princess Ave., situated on a quiet tree lined street in sought after "Old East Village" century home. This meticulously maintained legal triplex is ideal owner occupied or a fantastic income earner. 1-2 bedroom and 2-1 bedroom units. Income: $1,850 + hydro, $1,350 + hydro and $1,495 + hydro. Low operating expenses of $10,560 yearly. Main floor with hardwood, fireplace and high ceilings. Upper 2 bedroom updated and features loft retreat. Lower level new and to code within the past 10 years. Lots of parking and minutes to all amenities. Truly a rare find.

Property details

Type: Triplex, 2 1/2 Storey
Age: 100+ years
Lot size: 33.13 × 133.67 ft · < .50 acres
Interior: 1500-2000 sqft
Rooms: 11 rooms · 2 kitchens
Bathrooms: 1 × 3-piece on Main, 1 × 3-piece on Second, 1 × 3-piece on Lower
Basement: Apartment
Heating: Water
Cooling: None
Exterior: Brick
Foundation: Brick
Roof: Metal
Water & sewer: Sewer
Driveway: Mutual (4 spaces)
Parking: 4 spaces
Property tax: $3,755/yr (2025)

AI property estimate

$498,500Estimate is ~13.3% below asking

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

$448,650$548,350

79% confidence · 32 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Woodfield →

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,739

Property tax$623

Insurance (est.)$120

Utilities (est.)$250

Total monthly$3,731

Land transfer taxOne-time, on closing

Ontario LTT

$7,975

First-time rebate

−$4,000

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

Price & listing history

$575,000

Listed Sep 9, 2026

On the market

Sold comparables nearby

Sold

$490,000

7 Marmora Street, London East

4 bd·3 ba·1,100-1,500 sqft

Sold

$470,000

786 Nelson Street, London East

3 bd·3 ba·1,100-1,500 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

$482,000

Sale-to-list ratio

92.1%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$150,000

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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