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$399,900

Est. $1,873/mo mortgage

3bd·2ba·1,100-1,500sqft

131 Sackville Street · London East, N5Z 2E5

MLS® X13792608

3 days on market

Listed Sep 16, 2026

Listing courtesy of King Realty INC.·Updated 2 days ago

Description

**BEING SOLD UNDER POWER OF SALE, VTB AVAILABLE at only 3% interest** Fully Vacant Duplex with Excellent Value-Add Potential! Ideal for investors, renovators or handy buyers looking for their next project. The main-floor unit offers one bedroom and a four-piece bathroom, while the upper unit features two bedrooms and one bathroom. Updates include newer windows and doors, updated kitchens, laminate and ceramic flooring, spray foam basement insulation, 100-amp service, high-efficiency furnace and central air. The basement concrete floor has been dug up and removed and will require completion by the new owner. Separate basement walk-up entrance offers additional future potential, subject to approvals. Solid all-brick construction on an impressive 159-foot-deep lot. Fully vacant and ready for immediate possession!

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Property details

Interior

Interior
1100-1500 sqft
Rooms
9 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Upper
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Lot size
30.41 × 155.87 ft · < .50 acres
Exterior
Vinyl Siding, Brick
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Mutual (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,705/yr (2025)

Rooms

Main

Bedroom
4.17 × 3.38 m
Kitchen
3.79 × 3.63 m
Bathroom, 4 Pc Bath
2.72 × 1.65 m
Foyer
4.17 × 1.8 m
Living Room
3.73 × 3.56 m

Upper

Kitchen
3.79 × 2.62 m
Bedroom 2
3.35 × 2.72 m
Bedroom
2.21 × 2.49 m
Living Room
3.79 × 2.69 m

Basement

Other
7.29 × 5.28 m

AI property estimate

$439,814Estimate is ~10.0% above asking

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

$395,833$483,795

72% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

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

Monthly paymentest. $2,447/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$241
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,447
Land transfer tax$4,474 on closing

Ontario LTT

$4,474

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 2 times · asking price down 43% from the first ask

$399,900 43%

Listed Sep 16, 2026

On the market
$699,999

Listed Feb 15, 2023 · 8 days on market

Taken off the market

Feb 23, 2023

8 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

179 Delaware Street, London EastSold

$200,000

179 Delaware Street, London East

3 bd·1 ba·700-1,100 sqft
45 TREVITHEN Street, London SouthSold

$439,000

45 TREVITHEN Street, London South

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$357,667

Sale-to-list ratio

96.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

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
Rental market$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 63 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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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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