$449,900
↓ $15,100 from $465,000
Est. payment $1,992/moCalculate yours
550 Elizabeth Street, London East, ON N5W 3S4
East, London, ON N5W 3S4
- 2 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of BLUE FOREST REALTY INC. MLS® X13768552
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Partial Basement
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Metal
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45 x 331 Feet
- Parking
- None garage · 3 total
- Zoning
- R3-2
Financial
- Property Taxes
- $4,342 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Adelaide & Central
- Direction Faces
- East
Listing
- MLS® Number
- X13768552
- Days on Market
- 39
- Listed On
- 2026-09-09
- Possession
- Anytime after Oct 15, 2026
- Listed By
- BLUE FOREST REALTY INC.
Rooms
Features
Interior
- Upgraded Insulation
Pool
- None
- Included
- Fridge, Stove, Dishwasher, Washer, Dryer, 2 Garden sheds, Wardrobe in primary bedroom, Murphy bed in second bedroom.
- Excluded
- Porch Lift, Sauna in the mudroom
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $362
- Condo fees
- $0
- Estimated monthly cost
- $2,354
Your mortgage
- Mortgage amount
- $359,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,698
Cash to close
- Down payment
- $89,980
- Land transfer tax
- $5,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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