Unknown for 571 Elizabeth St, London East Ontario N5W 3S5
Re-listed 5 hours ago

571 Elizabeth St, London East, Ontario N5W 3S5

Detached
3
1
~700-1100 sqft
$•••,•••
$299,900
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$1,500Cashback
Detached
3
1
~700-1100 sqft

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Highlights

Property Estimate

Days on market5 hours

Total days on market
20 days

Estimated valueNot available

Price/Sqft$350/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$488K

Median sold price*

*Based on last 30 days

Description

Sweat 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 Spaces1.8
MLS ®NumberX12397569
Community NameEast London
Data SourceTRREB
Listing byRE/MAX ADVANTAGE REALTY LTD.

Features

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

Main Floor

Living

8.25 x 4.51

Kitchen

5.37 x 3.69

Primary

3.15 x 3.05

2nd Br

3.15 x 2.76


Features

Lot size: 3,554 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1.8


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
5 hours on market
history photo preview19
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

22 days

Compared to

2024

27 days

2023

23 days

2022

17 days

New Listings

Past 30 days

23 listings

Compared to

2024

18 listings

2023

20 listings

2022

25 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

10 units

2022

10 units

Median Sold Price

Past 30 days

$470,000

Compared to

2024

$488,000

2023

$507,500

2022

$475,250


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