1 day on Market

571 Elizabeth St, London East, Ontario N5W 3S5

Detached
3
1
~700-1100 sqft
$339,900
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Detached
3
1
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$397/sqft

Monthly cost

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+15

Properties sold*

$470K

Median sold price*

*Based on last 30 days

Description

Sweet equity opportunity! Located in the heart of the vibrant and rapidly evolving Old East Village, this century bungalow built in the 1880s - offers incredible potential for those ready to roll up their sleeves. Boasting just over 1,000 sq ft on the main floor, this home feels surprisingly spacious with an open and welcoming layout. Step inside to an open-concept living and dining area with soaring ceilings that create a bright and airy feel. Two bedrooms and a 4-piece bathroom are conveniently located off the main living area, while the kitchen and a third bedroom are situated at the rear of the home. The partially finished basement offers ample storage, a rough-in for a 2-piece bathroom, and great potential for further development. Outside, enjoy a quiet, fully fenced backyard complete with a storage shed and mature apple and pear trees - perfect for relaxing or entertaining. The property includes a private driveway capable of accommodating one large vehicle (e.g., SUV or truck) and one smaller vehicle. The available space is just under the equivalent of two standard parking spaces. Notable updates include shingles (2019), a high-efficiency furnace, and upgraded insulation for improved comfort and energy efficiency. Centrally located just minutes from downtown, Western Fair Grounds, Fanshawe College, and the exciting Kellogg Lane entertainment complex - including the new Hard Rock Hotel. Easy access to major routes makes commuting throughout the city effortless. A smart investment in a growing neighbourhood, this property is ready for your vision and personal touch.


Property Details

StyleBungalow
View-
Age of property100+
SqFt~700-1100 SqFt
Lot Size3,554 SqFt(120.12 x 29.59)
Parking Spaces1.75
MLS ®NumberX12359544
Community NameEast London
Data SourceTRREB
Listing byRE/MAX ADVANTAGE REALTY LTD.

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Full, Part Fin

Lower Floor

Other

4.26 x 4.26

Office

3.87 x 3.27


Features

Lot size: 3,554 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1.75


Property History

Aug 22, 2025
ListedActive
$339,900
1 day on market
history photo preview18
Listing by trreb®

Market Data - East London

Geo Zone Map ThumbnailEast London

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

17 days

Compared to

2024

10 days

2023

18 days

2022

17 days

New Listings

Past 30 days

24 listings

Compared to

2024

27 listings

2023

25 listings

2022

26 listings

Units sold

Past 30 days

10 units

Compared to

2024

15 units

2023

17 units

2022

9 units

Median Sold Price

Past 30 days

$499,950

Compared to

2024

$470,000

2023

$476,100

2022

$462,000


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