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$610,000

Est. $2,858/mo mortgage

3bd·3ba·2,000-2,500sqft

202 Sydenham Street · London East, N6A 1W3

MLS® X13782204

2 days on market

Listed Sep 14, 2026

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

Description

Client RemarksDuplex opportunities in Old North don't come up often-and this one is worth paying attention to. Two fully tenanted 3-bedroom units, each with its own entrance and in-suite laundry, generating approximately $55,000 in gross annual rental income from day one. Both units are rented inclusive of utilities, keeping things simple for the next owner. The location is hard to beat. Old North sits right in the sweet spot between Western University and downtown London, making it a perennial favourite with tenants and a smart long-term hold for investors. Parks, schools, shopping, restaurants, and transit are all within easy reach. Whether you're building your portfolio or adding a flagship property to an existing one, this is the kind of asset that checks all the boxes - strong location, immediate cash flow, and real scarcity value in one of London's most sought-after neighbourhoods.

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Property details

Interior

Interior
2000-2500 sqft
Rooms
13 rooms
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Upper, 1 × 4-piece on Upper
Basement
Unfinished
Heating
Forced Air
Cooling
None

Building & lot

Type
Duplex, 2-Storey
Age
100+ years
Lot size
36.05 × 147.87 ft
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
4 spaces

Fees & taxes

Property tax
$6,555/yr (2025)

Rooms

Main

Bedroom 2
3.8 × 3.6 m
Kitchen
3.4 × 3.9 m
Living Room
3.2 × 4.1 m
Bedroom 3
3.8 × 3.4 m
Bedroom
5.9 × 4.1 m

Second

Bedroom
4.4 × 3.8 m
Living Room
3.3 × 5.1 m
Kitchen
2.8 × 3.4 m
Bedroom 3
4.4 × 3.8 m
Bedroom 2
5.8 × 3.9 m

Location & neighbourhood

Blackfriars

London East, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Monthly paymentest. $3,602/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,858
Property tax$368
Insurance (est.)$127
Utilities (est.)$250
Total monthly$3,602
Land transfer tax$8,675 on closing

Ontario LTT

$8,675

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 6 times · asking price down 10% from the first ask

$610,000 6%

Listed Sep 14, 2026

On the market
$650,000 4%

Listed Jun 19, 2026 · 86 days on market

Taken off the market

Sep 13, 2026

$675,000

Listed Jan 9, 2026 · 119 days on market

Listing expired

May 8, 2026

$675,000

Listed Sep 12, 2025 · 119 days on market

Taken off the market

Jan 9, 2026

$675,000

Listed Apr 4, 2025 · 148 days on market

Listing expired

Aug 30, 2025

$675,000

Listed Oct 10, 2024 · 109 days on market

Listing expired

Jan 27, 2025

581 days on the market in total across 6 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

98 Cartwright Street, London EastSold

$442,000

98 Cartwright Street, London East

3 bd·2 ba·1,500-2,000 sqft
281 Grosvenor Street, London EastSold

$575,000

281 Grosvenor Street, London East

2 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$502,667

Sale-to-list ratio

94%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $150,000 household income

Minimum household income required

$150,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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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