Skip to content
For sale
1 / 42

$409,000

Estimated value $389K to $429K

Est. $1,916/mo mortgage

5bd·3ba·2,000-2,500sqft

980 Lorne Avenue · London, N5W 3L3

MLS® X14101078

5 days on market5 days on market

Listed Oct 21, 2026

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

Key facts

Property type
Duplex
Square footage
2,000-2,500 sqft
Lot size
45 × 140 ft
Age
100+ years
Parking
5 spaces
Property tax
$4,862/yr (2025)

Description

LEGAL DUPLEX DETACHED DOUBLE GARAGE HOME WITH CHARACTER, INCOME POTENTIAL & OPPORTUNITY IN EAST LONDON. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other .Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.

Read more ›

Keep notes on this home

Jot down what you thought and mark it as toured. Private to you.

Property details

Interior

Size
2,000-2,500 sqft
Rooms
15 rooms · 2 kitchens
Bathrooms
2 × 4-piece on Ground, 1 × 3-piece on Second
Basement
Exposed Rock, Partial Basement, Unfinished
Heating
Forced Air
Cooling
None

Building & lot

Type
Duplex, 1 1/2 Storey
Age
100+ years
Lot size
45 × 140 ft
Exterior
Brick, Concrete Block
Foundation
Concrete Block, Brick
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Detached
Driveway
Lane, Private, Right Of Way, Front Yard Parking (5 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,862/yr (2025)

Rooms

Second

Living Room
5.18 × 4.27 m
Sitting, Skylight
2.13 × 2.44 m
Bedroom 2, Skylight
5.12 × 3.54 m
Foyer, side door, staircase
3.35 × 3.54 m

Ground

Family Room, combined w/dining, w/o to patio
7.68 × 3.57 m
Bedroom 2
4.33 × 3.38 m
Bedroom, Combined w/Office
5.49 × 2.74 m
Kitchen, Skylight
4.12 × 2.95 m
Foyer
3.54 × 1.59 m
Bedroom
2.87 × 2.44 m
Living Room
4.57 × 4.18 m
Kitchen
3.96 × 3.66 m

Estimated value range

$389K to $429K

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

Arts district with walkable streets and character homes.

Schools nearbyclosest is East Carling Public School, 850 m

Elementary

  • East Carling Public School

    850 m · Grades JK-8

    Thames Valley District School Board

    4.2
  • Blessed Sacrament Separate School

    1.0 km · Grades JK-8

    London District Catholic School Board

    4.8
  • St Mary School

    1.1 km · Grades 5-8

    London District Catholic School Board

    9.3

Secondary

  • Thames Valley Alternative Secondary School

    1.0 km · Grades 9-12

  • H B Beal Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    5.3
  • Catholic Central High School

    1.9 km · Grades 9-12

    London District Catholic School Board

    5.7

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $2,656/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,916
Property tax$405
Insurance (est.)$85
Utilities (est.)$250
Total monthly$2,656
Land transfer tax$4,655 on closing

Ontario LTT

$4,655

First-time rebate

−$4,000

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

Price & listing history

$409,000

Listed Oct 21, 2026

On the market

Sold comparables nearby

28 Beattie Avenue, London EastSold

28 Beattie Avenue, London East

4 bd·2 ba·1,500-2,000 sqft
358 Glebe Street, London EastSold

358 Glebe Street, London East

5 bd·4 ba·1,500-2,000 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

7.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$483,817

Sale-to-list ratio

96.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $107,000 household income

Minimum household income required

$107,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin →

Own a home in Old East Village?

Find out what it's worth.

Get your free valuation →
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive text messages from COLIN ABBOT REAL ESTATE INC. and to be contacted by Oak and Key Real Estate Brokerage Inc. by email and phone about real estate services. Message frequency varies. Msg & data rates may apply. Reply STOP to unsubscribe or HELP for help. See our Privacy Policy and SMS Terms.

Get notified about similar homes

New duplex listings in Old East Village.