575 QUEENS Avenue, London East (East F), Ontario, N6B1Y9




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$515,000
London East
This 7-bedroom, 3-bathroom home in London East is for sale offering roughly 3,250 sq ft of space. Listed at $515,000, it is attractively priced about 14% below the $599,000 median asking price in London East. It has been on the market 64 days, fresher than the London East average of 74 days.
INVESTOR OPPORTUNITY IN WOODFIELD! This impressive property offers over 3,200 sq. ft. of living space and is currently configured as a duplex with 7 bedrooms, providing a unique opportunity for investors looking for a property with size, parking, and income potential in one of London's established neighbourhoods. Located in Woodfield, just steps from Old East Village. The property is separately metered, adding to its appeal for investors. An additional feature that sets this opportunity apart is the vacant City-owned lot directly next door, offering investors an interesting opportunity to explore the potential of the surrounding property and area, subject to all applicable approvals and due diligence. With its existing duplex configuration, 7 bedrooms, substantial square footage, separate metering and excellent parking, this property offers plenty of flexibility for an investor seeking a larger asset in a well-established London location. IMPORTANT: The property cannot be shown prior to an Agreement of Purchase being accepted. There will be no public showings. Buyers are encouraged to conduct their due diligence and review the property and applicable information following an accepted Agreement. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 74 days across the listings currently for sale in this city
This 7-bed single family in London East (East F) has been listed for 64 days, which is 10 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $515,000, about 10.5× the local median household income of $49,200.
Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 104% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice