Detached House for sale at 550 Elizabeth Street, London East, Ontario, N5W 3S4 - East G - MLS: X13541316

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550 Elizabeth Street

London East, Ontario, N5W 3S4 - East G

$485,000

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Neighbourhood

East G
Major Intersection

Adelaide & Central

Listed Since: 6 day(s)
Last update: today

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Overview

Property Type

Detached, Bungalow
Bedrooms

2
Bathrooms

2
Basement

Part Bsmt
Kitchen

1
Total Parking

3
Lot Size

45x331 (Feet)
Taxes

$4,342.00 (2025)
Type

Freehold

Property Description

Property description for 550 Elizabeth Street, London East

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.

Listed by BLUE FOREST REALTY INC.

Property details

MLS #

X13541316
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Tandem
Garage

None
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Metal
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13541316
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Tandem
Garage

None
Total Parking

3
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Metal
Foundation

Concrete Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Foyer

1.2 x 3.7 ft Main level
Primary

3.33 x 6.27 ft Main level

2 Pc Bath
2nd Br

3.09 x 3.47 ft Main level
Living

5.55 x 6.13 ft Main level
Kitchen

4.56 x 3.95 ft Main level

Combined W/Laundry
Dining

3.18 x 3.95 ft Main level
Mudroom

3.4 x 2.34 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in East G

Active listings

Average Selling Price of a Detached

June 2026

$470,271

Last 3 Months

$465,235

Last 12 Months

$441,267

June 2025

$505,915

Last 3 Months LY

$472,027

Last 12 Months LY

$449,704

Change

-7%

Change

-1%

Change

-2%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-16%

Change

41%

Change

44%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.