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$650,000

Est. $3,045/mo mortgage

2bd·3ba·1,100-1,500sqft

54 Miles Street · London East, N5Y 2T6

MLS® X13841058

1 day on marketListed yesterday

Listed Sep 29, 2026

Listing courtesy of Re/max Centre City Realty INC.·Updated 2 hours ago

Description

Welcome to this beautifully renovated and exceptionally well-maintained home, offering a modern design, thoughtful updates, and incredible flexibility for today's lifestyle. Located on a quiet, family-friendly street with great neighbours, this home is ideally situated close to shopping, schools, parks, restaurants, transit, and all the amenities you need. One of the standout features is the in-law suite potential, complete with a separate entrance, providing an excellent opportunity for extended family, guests, or additional rental income to offset your mortgage. The flexible layout makes this home a smart choice for both families and investors alike. Step outside and enjoy the large backyard, offering plenty of space for entertaining, summer gatherings, kids, pets, gardening, or simply relaxing outdoors. With its peaceful setting and welcoming neighbourhood, this property offers the perfect balance of comfort, convenience, and functionality. A rare opportunity to own a thoughtfully renovated home in a fantastic location-move in, enjoy, and make it your own!

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Property details

Interior

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

Building & lot

Type
Detached, 2-Storey
Lot size
49.92 × 142.32 ft
Exterior
Board & Batten
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
3 spaces

Fees & taxes

Property tax
$5,751/yr (2026)

AI property estimate

$519,773Estimate is ~20.0% below asking

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

$467,796$571,750

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Woodfield →

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly paymentest. $3,822/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,045
Property tax$392
Insurance (est.)$135
Utilities (est.)$250
Total monthly$3,822
Land transfer tax$9,475 on closing

Ontario LTT

$9,475

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$650,000

Listed Sep 29, 2026

On the market

Sold comparables nearby

459 Salisbury Street, London EastSold

459 Salisbury Street, London East

3 bd·2 ba·700-1,100 sqft
367 Maitland Street, London EastSold

367 Maitland Street, London East

3 bd·2 ba·2,000-2,500 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in Hamilton Road

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$461,867

Sale-to-list ratio

97.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $159,000 household income

Minimum household income required

$159,000

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$1,738/mo median for 2 bed nearby

$1,738/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 84 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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