Unknown for 1185 ALBANY St, London East Ontario N5W 3L6
15 hours on Market

1185 ALBANY St, London East, Ontario N5W 3L6

Detached
4 + 1
3
~1500-2000 sqft
$559,900
Get pre-qualifiedPowered by nesto
Detached
4 + 1
3
~1500-2000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$326/sqft

Est. Mortgage$2,405/mo

Tax Amount (2025)$4,710/yr

Days On Market15 hours


Description

This deceptively spacious 1 and a half storey offers a prime opportunity for investors, first-time buyers, or multi-generational families. Located near Fanshawe College and the Kelloggs Complex with easy access to highways and downtown, this property features a large main unit with 4 bedrooms and 2 full bathrooms, including a huge master suite with an updated 4-piece ensuite and private balcony. The separate lower-level unit offers a 1-bedroom apartment with a private entrance, kitchen and a 3-pc bathroom, large windows, and shared laundry-perfect as a mortgage helper, rental unit, or in-law suite. The exterior is fully fenced with a spacious deck, mature trees, and a storage shed, providing privacy and outdoor enjoyment. Key upgrades include added insulation, a 200-amp electrical panel, a high-efficiency furnace (2018) and A/C unit (just 4 years old). The upper unit is vacant, while the lower unit is currently rented for $1,100/month on month to month. Tenants have given written notice to leave on Aug 31. Whether you're looking to live in one unit and rent the other or expand your investment portfolio with a turnkey income property, this move-in-ready home combines comfort, functionality, and strong long-term value!


Property Details

Style1 1/2 Storey
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size4,600 SqFt(115 x 40)
Parking Spaces3
MLS ®NumberX12169010
Community NameEast London
Data SourceTRREB
Listing byONE PERCENT REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin, Sep Entrance

Main Floor

Living

5.05 x 3.45

Kitchen

3.73 x 4.21

Dining

2.89 x 3.17

Family

3.01 x 3.51


Features

Lot size: 4,600 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ONE PERCENT REALTY LTD., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - East London

Geo Zone Map ThumbnailEast London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

22 days

2023

21 days

2022

9 days

New Listings

Past 30 days

23 listings

Compared to

2024

24 listings

2023

20 listings

2022

29 listings

Units sold

Past 30 days

14 units

Compared to

2024

19 units

2023

17 units

2022

19 units

Median Sold Price

Past 30 days

$450,500

Compared to

2024

$510,000

2023

$499,900

2022

$525,000


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget