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$389,900

Estimated value $370K–$394K

Est. $1,827/mo mortgage

3bd·1ba·700-1,100sqft

563 Ontario Street · London East, N5W 3X9

MLS® X13866878

6 days on market6 days on market

Listed Oct 6, 2026

Listing courtesy of Sutton Group - Select Realty·Listing last changed 4 days ago

Key facts

Property type
Detached
Square footage
700-1100 sqft
Lot size
40 × 108 ft
Parking
3 spaces
Property tax
$2,464/yr (2025)

Description

Attention first-time buyers and those wishing to downsize while enjoying living near the heart of the city. This property sits on a cute street that is near completion of new roads and sidewalks that will add to the curb appeal of this charming 3-bed bungalow. Come step onto the front covered porch and inside to a warm and welcoming entryway, bright sun-filled rooms with large updated windows, high ceilings and a cozy gas fireplace. Three comfortable bedrooms and a generously sized full bathroom with double sinks provide for this easy-living layout. The spacious master bedroom comes equipped with a walk-in closet and enough room to add a future ensuite bathroom. There's more development potential in the full, unfinished basement. Out back you'll find a deep, treed lot offering space for play, extra fencing for kids or pets, and 2 sheds. Enjoy summer evenings under the covered back deck and morning coffee on the front porch; and take advantage of the garden space that's ready for your green thumb. Walk to cafés, restaurants, craft breweries, galleries, farmer's market, and city trails. Updates include: New furnace (2026), Central Air (2018), Windows (2019), Upgraded Insulation (2026), Dishwasher(2023) & Fridge (2025).

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Property details

Interior

Size
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Ground
Basement
Full, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
40 × 108 ft
Exterior
Shingle
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Parking
3 spaces

Fees & taxes

Property tax
$2,464/yr (2025)

Estimated value range

$370K–$394K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Old East Village →

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentest. $2,393/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,827
Property tax$205
Insurance (est.)$81
Utilities (est.)$250
Total monthly$2,363
Land transfer tax$4,324 on closing

Ontario LTT

$4,324

First-time rebate

−$4,000

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

Price & listing history

$389,900

Listed Oct 6, 2026

On the market

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

Sold comparables nearby

964 MAITLAND Street, London EastSold

964 MAITLAND Street, London East

3 bd·2 ba·1,500-2,000 sqft
553 Piccadilly Street, London EastSold

553 Piccadilly Street, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.4 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$538,167

Sale-to-list ratio

96.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $98,000 household income

Minimum household income required

$98,000

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.

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Rental market$2,250/mo median for 3 bed nearby

$2,250/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 57 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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