Renovated 2-Bed Bungalow Near Western Fair

Property details for 9 Pearl Street, London East

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Lot Size: 40 FT
Stories: 1
Basement: Partially finished, Partial
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,101 (2025)

This 2-bed, 2-bath bungalow at 9 Pearl Street is way bigger inside than it looks from the street. You walk into a totally renovated open-concept main floor with 10-foot ceilings, a huge kitchen with tons of counter space, and a laundry room right there. Both bedrooms are on the main level, including a master with a walk-in closet and ensuite. All the main-floor windows are new, and the backyard is large and completely fenced. The basement is finished for entertaining, so you've got extra space to spread out. With 1,100 square feet above grade (plus the basement), it's a solid footprint for the price. It's a block-style foundation, vinyl siding, and central air with forced air gas heating. Parking for two cars out front, no garage. You're right in the middle of London East, under a kilometer to Western Fair and a short walk to Aeolian Hall for shows. H.B. Beal Secondary is 700 meters away. Downtown is about 1.5 kilometers back, so you can walk to restaurants like Amici Italian. The taxes run about $3,100 a year. Listed at $680,000, it's priced above the nearby median of around $420k, but you're paying for the full reno and the location. It's not a cookie-cutter flip; it's a real house with character and some serious upgrades. Worth a look if you want move-in ready without the subdivision vibe.

About 9 Pearl Street, London East — Property Score

Strong Investment Great Location

Score: 60/100

Value

Priced 41.8% above area median of $479,450 based on 152 comparable properties nearby 7

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 2 fewer than similarly priced 4-bedroom homes nearby 36

2 bathrooms - typical for similarly priced properties 60

Location

$37K median household income - below the Canadian average of $70K 48

67% of residents hold postsecondary credentials - a highly educated neighbourhood 77

57% homeownership rate - a balanced mix of owners and renters 70

74% of residents commute under 30 minutes - excellent commuter accessibility 89

1,873/km² population density - a well-balanced suburban area 89

Market

Just listed - area average is 61 days on market 100

-4.2% median price change over 1 month - declining prices in the area 29

30.3 months of housing supply - 303 active listings with 10 sold last month (buyer's market) 40

Features

2-car garage - area average is 4 spots 80

Partially finished, Partial basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.46% effective tax rate ($3,101/yr) - very low tax burden 86

43% renter population - moderate rental market 82

Quality

Condition

Listing

24 photos provided - below the area average of 34 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.