159 Montebello Drive, London East
Detached house with LEGAL BASEMENT APARTMENT, 3-bedroom situated on a (60X125) extra large premium lot with 1724 sq ft of living area. This home stands out with incredible future potential, the expansive front and side yard offers the possibilities to explore an additional dwelling units in the future, making it a forward thinking investment in rapidly growing market. Full Of Natural Light featuring a fully permitted, 2-bedroom legal basement suite with 2 washroom. Perfect for house hacking or a strong addition to your rental portfolio significantly help with mortgage payments. The lower level features its own separate entrance, private laundry, and strong income potential. The main floor flows easily from the bright living room through to the kitchen. This Home has been freshly painted with new flooring, new furnace 2024 and hot water tank 2025 (owned) with 200 Amp upgraded electrical panel. Walking distance to all amenities. Close to top-rated schools, parks, major transit hubs and quick access for any commuter, it's all close by. A lovely, generous side and front yard with room to garden, gather, or simply breathe. And just steps from your front door, beautiful trail network is waiting, the perfect way to start or end your day. But once you're home, you won't want to be anywhere else. TWO BEDROOM DWELLING UNIT(REGISTERED LEGAL BASEMENT) (id:1945)
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Property details for 159 Montebello Drive, London East
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size
- 125 x 60 FT
- Stories
- 1
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Parking
- Carport, No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $4,249 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 159 Montebello Drive
Active Listings
2
Min Price
$649,000
Max Price
$779,999
Avg Price
$714,500
Days on Market
53
days
Sold Listings
1
Min Sold Price
$699,000
Max Sold Price
$699,000
Avg Sold Price
$699,000
Days until Sold
54
days
Neighbourhood Census Data
London, Ontario
Population
449
Median Age
51.7
Median Income
$33,664
Dwelling Value
$219,709
Housing Tenure
Owners 93%
Renters 9%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,516.9/km²
Avg Shelter Cost: $900/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 7.5%
Tenants Spending 30%+: 0%
English only: 93.3%
English and French: 5.6%
Neither: 2.2%
Median Household Income: $60,416
Median Employment Income: $37,291
Price History
Listed
July 7, 2026
by HOMELIFE/MIRACLE REALTY LTD
Current Price
$779,999
Type
Residential
For Sale