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For sale
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$599,999

Est. $2,811/mo mortgage

2bd·2ba·1,500-2,000sqft

2586 Dundas Street · London East, N5V 3C7

MLS® X13795156

2 days on market

Listed Sep 17, 2026

Listing courtesy of Saker Realty Corporation·Updated 1 hour ago

Description

Versatile property set on over half an acre, this home features a full in-law suite and an impressive gas-heated 24' x 36' shop, all just minutes from the city. Set in a peaceful, country-like setting, this unique property offers an incredible combination of space, versatility and functionality. The spacious 1,530 sq. ft. main floor features two oversized bedrooms, a full bathroom and an expansive living room highlighted by a wood-burning fireplace, raised ceilings and a large bay window overlooking the property. The fully finished lower level provides excellent flexibility for multi-generational living, an in-law suite or potential income, complete with a separate entrance, high ceilings and large windows. It includes two additional bedrooms, a full bathroom and its own kitchen. Major updates include a furnace with hot-water boiler (2021), water softener (2021), water heater (2022), windows and doors (2022), UV purification system (2025), fully fenced yard (2026), garage gas heater (2026), spray-foamed garage ceiling (2026), 100-amp breaker panel (2026) and ductless split A/C system (2026). Solar panels are included, providing an additional income stream, and a drilled well is also on site. Outside, enjoy a private, tree-lined lot surrounded by mature trees, a paver-stone patio and an expansive driveway with parking for 12+ vehicles. A standout feature is the impressive 24' x 36' gas-heated shop, offering 9' ceilings, hydro and space for up to four vehicles-ideal for car enthusiasts, hobbyists, contractors or anyone looking for serious workspace and storage. Whether you're looking for multi-generational living, the opportunity to offset your mortgage with a lower-level suite, or a large heated shop, this property offers incredible versatility. With space for vehicles, hobbies and projects, it's a combination that's hard to find this close to the city.

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Property details

Interior

Interior
1500-2000 sqft
Rooms
7 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Apartment, Finished, Full, Separate Entrance
Heating
Water
Cooling
Wall Unit(s)

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
100.24 × 247.54 ft · .50-1.99 acres
Exterior
Brick
Foundation
Concrete
Roof
Metal
Water & sewer
Septic

Parking

Garage
4 car Detached
Driveway
Private, Private Double (12 spaces)
Parking
16 spaces

Fees & taxes

Property tax
$4,627/yr (2025)

AI property estimate

$687,069Estimate is ~14.5% above asking

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

$618,362$755,776

72% confidence · 36 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $3,547/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,811
Property tax$361
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,547
Land transfer tax$8,475 on closing

Ontario LTT

$8,475

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 over 1 month · asking price down 8% from the first ask · sold 3% below the final ask

$599,999 8%

Listed Sep 17, 2026

On the market
$649,900

Listed Sep 10, 2025 · 21 days on market

Sold

Oct 1, 2025

21 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

321 Simpson Crescent, London EastSold

$485,000

321 Simpson Crescent, London East

3 bd·2 ba·700-1,100 sqft
5 BONAPARTE Lane, London EastSold

$600,000

5 BONAPARTE Lane, London East

3 bd·3 ba·1,500-2,000 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 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$720,500

Sale-to-list ratio

97.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $147,000 household income

Minimum household income required

$147,000

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$1,939/mo median for 2 bed nearby

$1,939/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 8 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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