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. (id:1945)
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Property details for 550 Elizabeth Street, London East
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 2
- Bathrooms
- 2
- Lot Size
- 45 x 331 FT
- Stories
- 1
- Basement
- Partial
- Parking
- No Garage, Tandem
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $4,342
Nearby Listings Stat
Estimated price and comparable properties near 550 Elizabeth Street
Active Listings
28
Min Price
$199,900
Max Price
$799,000
Avg Price
$440,500
Days on Market
52
days
Sold Listings
13
Min Sold Price
$214,900
Max Sold Price
$748,500
Avg Sold Price
$470,538
Days until Sold
80
days
Neighbourhood Census Data
London, Ontario
Population
494
Median Age
36.7
Median Income
$26,816
Dwelling Value
$174,807
Housing Tenure
Owners 51%
Renters 47%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 3,811.7/km²
Avg Shelter Cost: $851/mo
Owners with Mortgage: 79.2%
Owners Spending 30%+: 8.3%
Tenants Spending 30%+: 34.8%
English only: 90.8%
English and French: 9.2%
Median Household Income: $43,392
Median Employment Income: $30,976
Price History
Listed
September 10, 2026
by BLUE FOREST REALTY INC.
Current Price
$449,900
-3.2% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $449,900 | $15,100 (-3.2%) |
| Oct 8, 2026 | $465,000 | $20,000 (-4.1%) |
| Sep 10, 2026 | $485,000 | Listed |