Character bungalow with three sheds and a hot tub in Carling Heights

Property details for 74 Sterling Street, London East

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Lot Size: 41 x 176 FT ; 176.42ft x 41.10ft x 176.42ft x 41.10ft
Stories: 1
Basement: Separate entrance, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $3,571

Carling Heights is a quiet pocket of London East, and this 2-bed bungalow sits a 2-minute walk from Dragon Court Restaurant and under 2 km from both H.B. Beal Secondary and St. George's Public School. The lot is deep at 41 by 176 feet, which means the backyard is the real story here. Winding paths cut through mature greenery, there's a covered patio with a sunken hot tub included as-is (never used by current owners), and three detached outbuildings ready for a workshop, studio, or storage. Inside, the main floor has a living room, dining room, kitchen, and two bedrooms, with the second bedroom opening onto that patio. The finished basement is a full second unit with its own kitchen, bathroom, laundry, and separate entrance, plus a family room with a fireplace. Upgrades include a 2025 furnace and a steel roof. A single detached garage plus room for three more cars sits on the property, which has aluminum siding on block foundation. Taxes run $3,571 annually. Seller never lived here, so it's sold as-is with no warranties. Asking $444,000, which sits above the $399,500 median for nearby listings, but you're paying for that yard and the basement's flexibility. The whole place has that vintage character feel, but the practical bones are solid.

About 74 Sterling Street, London East — Property Score

Strong Investment Great Location

Score: 69/100

Value

Priced 7.4% below area median of $479,450 based on 148 comparable properties nearby 81

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

7,216 sqft lot - a generous lot for the area 78

Location

$49K median household income - below the Canadian average of $70K 55

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

56% homeownership rate - a balanced mix of owners and renters 69

67% of residents commute under 30 minutes - excellent commuter accessibility 83

3,008/km² population density - a well-balanced suburban area 100

Market

Just listed - area average is 33 days on market 100

+4.4% median price change over 1 month - rising prices in the area 72

38.8 months of housing supply - 310 active listings with 8 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.1 spots 95

Separate entrance, N/A basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.8% effective tax rate ($3,571/yr) - below the Canadian average of ~1% 76

47% renter population - moderate rental market 86

Quality

Condition

Listing

42 photos provided - 24% more than 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.