7 hours on Market

550 Elizabeth St, London East, Ontario N5W 3S4

Detached
2
2
~1100-1500 sqft
$485,000
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Detached
2
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$382/sqft

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Description

Charming All-Brick Ontario Cottage on a Rare 331-Ft-Deep Lot in the Heart of Old East Village! Welcome to 550 Elizabeth Street, a lovingly maintained 2-bedroom bungalow brimming with character and thoughtfully updated over the years. As you walk in, you'll appreciate the timeless charm of this all-brick Ontario cottage with hardwood floors throughout & soaring 11' high ceilings, original baseboards and trim, and beautiful oversized windows that fill the home with natural light. The inviting living room centres around a cozy gas fireplace, perfect for relaxed evenings, and flows into the kitchen and dining room. The kitchen offers the added convenience of in-suite laundry, while a practical mudroom off the driveway makes coming and going a breeze on rainy and snowy days. The primary bedroom features its own private 2-piece ensuite, and a full 3-piece bathroom serves the rest of the home. Outside is where this property truly stands apart: an expansive 45 x 331 ft lot offering exceptional potential for an auxiliary dwelling unit (ADU), garden suite, workshop, or simply a spectacular backyard retreat, along with a large 3-4 car driveway providing easy access to the yard. Major updates provide genuine peace of mind: lifetime metal roof (2019), updated electrical with 100A breaker panel and wiring (2018/19), spray foam insulation in basement (~2021), attic insulation (~2017) windows (2014/15), main water line (~2016), sewage cleanout (~2015), and an owned water heater. All this in one of London's most vibrant and fast growing neighbourhoods, just steps to 100 Kellogg Lane, the Western Fair District and Farmers' Market, Lorne Ave Park, and the independent shops, cafes, and restaurants along Dundas Street. Whether you're a first time buyer, downsizer, or investor eyeing the lot's future potential, 550 Elizabeth Street delivers character, convenience, and opportunity in equal measure.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size14,895 SqFt(331 x 45)
Parking Spaces3
MLS ®NumberX13541316
Community NameEast London
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Bsmt

Main Floor

Foyer

1.2 x 3.7

Primary

3.33 x 6.27

2 Pc Bath

2nd Br

3.09 x 3.47

Living

5.55 x 6.13


Features

Lot size: 14,895 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jul 9, 2026
ListedActive
$485,000
7 hours on market
history photo preview42
Listing by trreb®
Property listed by BLUE FOREST REALTY INC., Brokerage
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Market Data - East London

Geo Zone Map ThumbnailEast London

Strong Buyer'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

2025

31 days

2024

16 days

2023

11 days

New Listings

Past 30 days

37 listings

Compared to

2025

28 listings

2024

30 listings

2023

30 listings

Units sold

Past 30 days

7 units

Compared to

2025

13 units

2024

13 units

2023

12 units

Median Sold Price

Past 30 days

$449,900

Compared to

2025

$474,500

2024

$502,000

2023

$510,750


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

0 to 19
16%
20 to 34
31%
35 to 49
19%
50 to 64
22%
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