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For sale
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$489,900

Est. $2,295/mo mortgage

2bd·2ba·1,100-1,500sqft

118 Delaware Street · London East, N5Z 2N5

MLS® X13818144

2 days on market2 days on market

Listed Sep 23, 2026

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 10 hours ago

Description

Reimagined and Redesigned this home has been completely renovated inside right down to the studs. From the front door enter into a large living room featuring new LED pot lights and an electric fireplace, with an inset TV space for a clean and spacious entertainment area. The open concept main floor also features a 2 piece bathroom, kitchen including a large island with ample storage, full size pantry and a side door that allows quick backyard access, to bringing your groceries in without trekking through the house. Endless amount of windows throughout offer natural light and fresh air. New Central air combined with the forced air gas furnace for peace of mind and great climate control. The upper level includes a primary bedroom with two closets, a second bedroom with closet and full bathroom. Additional living space in the lower level you will find a large bedroom or play/games room, ample storage in the utility room plus a private graded entrance! This corner lot provides a large fenced yard ideal ready for your planning exterior design. Featuring two driveways, this corner lot offers an oversized sized & insulated detached one car garage complete with heater and plenty of room for a workshop.

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Property details

Interior

Size
1100-1500 sqft
Rooms
9 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Lot size
55.77 × 99.91 ft
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$2,481/yr (2025)

Rooms

Main

Kitchen
6.37 × 4.37 m
Dining Room
2.06 × 3.69 m
Living Room
4.42 × 5.82 m

Second

Primary Bedroom
2.62 × 4.64 m
Bedroom 2
3 × 2.81 m

Lower

Utility Room
6.12 × 3.02 m
Laundry
2.54 × 1.86 m
Play
6 × 5.52 m

AI property estimate

$471,044Estimate is ~3.8% below asking

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

$423,940$518,148

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

Location & neighbourhood

Directions
Glen Cairn

London East, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Monthly paymentest. $2,942/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,295
Property tax$295
Insurance (est.)$102
Utilities (est.)$250
Total monthly$2,942
Land transfer tax$6,273 on closing

Ontario LTT

$6,273

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 up 63% from the first ask · sold 17% below the final ask

$489,900 63%

Listed Sep 23, 2026

On the market
$299,900

Listed Oct 17, 2025 · 6 days on market

Sold

Oct 23, 2025

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

6 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

581 Hale Street, London EastSold

581 Hale Street, London East

2 bd·1 ba·< 700 sqft
85 Josephine Street, London SouthSold

85 Josephine 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 Glen Cairn

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 93.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$357,083

Sale-to-list ratio

93.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $121,000 household income

Minimum household income required

$121,000

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$1,699/mo median for 2 bed nearby

$1,699/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 70 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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