Shed for 72 Lyman St, London East Ontario N5Y 1M6
Re-listed 8 days ago

72 Lyman St, London East, Ontario N5Y 1M6

Detached
2
2
~< 700 sqft
$•••,•••
$329,900
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Detached
2
2
~< 700 sqft

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Highlights

Property Estimate

Days on market8 days

Total days on market
23 days

Estimated valueNot available

Price/Sqft$236/sqft

Monthly cost

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Description

Prime rental opportunity in the highly desirable Carling neighbourhood, just minutes from Fanshawe College. This bungalow offers two self-contained 1-bedroom units-both currently rented-making it an ideal addition to any investor's portfolio or a smart choice for an owner-occupier looking to offset living costs. The layout includes a main-floor 1-bedroom unit and a lower-level 1-bedroom apartment with shared laundry. With reliable tenants already in place, you can step into immediate income while exploring future value-add potential. The home is being sold as-is, giving renovators and investors the freedom to update, reconfigure, or modernize to increase rents and maximize returns. Located in a walkable, transit-friendly area close to Western Fair District, markets, parks, schools, and major amenities, this property sits in a consistently strong rental corridor. A paved front driveway and a spacious, partially fenced backyard add to its long-term appeal for tenants. Whether you're expanding your portfolio or looking for a property with built-in cash flow and room to grow, this is a rare opportunity at an attractive price point (best-in-class) in one of the city's most in-demand rental zones. Drive by or book your showing today! Note: All interior photos were taken prior to the start of tenancy.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~< 700 SqFt
Lot Size3,780 SqFt(126 x 30)
Parking Spaces3
MLS ®NumberX12873188
Community NameCarling
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Other
Basement: Apartment, Sep Entrance

Main Floor

Br

4.7 x 2.87

Kitchen

3.06 x 2.81

Living

7.32 x 3.16


Features

Lot size: 3,780 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
8 days on market
history photo preview20
Listing by trreb®
Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2025

13 days

2024

14 days

2023

25 days

New Listings

Past 30 days

19 listings

Compared to

2025

15 listings

2024

19 listings

2023

12 listings

Units sold

Past 30 days

7 units

Compared to

2025

7 units

2024

10 units

2023

10 units

Median Sold Price

Past 30 days

$477,888

Compared to

2025

$522,000

2024

$517,500

2023

$477,500


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

0 to 19
21%
20 to 34
31%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget