$ 549,000

431 South Street, London East

Excellent opportunity for investors seeking a fully rented, income-producing property in an established London location. This well-positioned property offers two separate living spaces with a total of 4 bedrooms, 2 kitchens and 2 bathrooms, providing a practical configuration for rental income and long-term investment. Each unit benefits from its own kitchen and living space, while the property offers 4 private parking spaces and a substantial 36' x 197' lot. The property combines the character of an established neighbourhood with important modern conveniences including gas forced-air heating, central air and main-floor laundry. Conveniently located near public transit, parks, schools and everyday amenities. An attractive opportunity for investors looking for an established, fully tenanted property with a straightforward income-producing configuration. Please allow at least 24 hour's notice for all showing requests. (id:1945)
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Property details for 431 South Street, London East

Type
Multi-family
Style
Bungalow
Bedrooms
4
Bathrooms
2
Lot Size
36.2 x 197 FT
Stories
1
Basement
Unfinished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Vinyl siding
Annual Taxes
$3,370 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 431 South Street

Active Listings
14
Min Price
$324,900
Max Price
$639,000
Avg Price
$459,028
Days on Market
76
days
Sold Listings
5
Min Sold Price
$349,000
Max Sold Price
$670,000
Avg Sold Price
$497,760
Days until Sold
67
days

Neighbourhood Census Data

London, Ontario

Population
393
Median Age
50.4
Median Income
$19,499
Dwelling Value
$155,137

Housing Tenure

Owners 30%
Renters 70%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.6
Pop. Density: 2,436.5/km²
Avg Shelter Cost: $851/mo
Owners with Mortgage: 73.3%
Owners Spending 30%+: 35.7%
Tenants Spending 30%+: 40%
English only: 89.7%
English and French: 5.1%
Neither: 3.8%
Median Household Income: $23,488
Median Employment Income: $24,576

Price History

Listed
August 20, 2026
by SUTTON GROUP - SELECT REALTY
Current Price
$549,000
Type
Multi-family
For Sale
431 South Street

Contact Agent Get in touch about 431 South Street, London East

ASHLEY WINDER
SUTTON GROUP - SELECT REALTY