$499,900
Est. $2,342/mo mortgage
485 English Street · London East, N5W 3T6
MLS® X13822998
Listed Sep 24, 2026
Listing courtesy of London Living Real Estate LTD.·Updated 8 hours ago
Description
Old East Village, well maintained triplex with long term tenants. Separate meters, ample parking with access to more parking in the rear. Updated electrical and plumbing, front concrete driveway replaced 2025. Opportunity for live-in with income.
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Property details
Interior
- Size
- 1500-2000 sqft
- Rooms
- 12 rooms · 3 kitchens
- Bathrooms
- 2 × 4-piece on Main, 1 × 3-piece on Second
- Basement
- Partial Basement
- Heating
- Water
- Cooling
- None
Building & lot
- Type
- Triplex, 2-Storey
- Age
- 100+ years
- Lot size
- 40 × 138 ft
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (3 spaces)
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,420/yr (2025)
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
80% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,997/mo all in
Monthly payment estimate
Land transfer tax$6,473 on closing
Ontario LTT
$6,473
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 Sep 24, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$470,000
786 Nelson Street, London East
Sold$600,000
572 Pall Mall Street, London East
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 93.5% of asking.
Avg. sold price
$487,833
Sale-to-list ratio
93.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $124,000 household income
Minimum household income required
$124,000
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$2,595/mo median for 4 bed nearby
$2,595/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 10 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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