$359,900
Est. payment $1,594/moCalculate yours
174 Clarence Street, London East, ON N6B 2J7
East, London, ON N6B 2J7
- 2 Beds
- 1 Baths
Listing courtesy of SUTTON GROUP - SELECT REALTY MLS® X13555244
About this home
Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum. The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you’re a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value. Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you’ll enjoy easy access to downtown amenities, transit, and major employers.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- < 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Unfinished, Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 33 x 55 Feet
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $1,878 (2026)
Location
- Neighbourhood
- East
- Cross Street
- Grey St.
- Direction Faces
- East
Listing
- MLS® Number
- X13555244
- Days on Market
- 97
- Listed On
- 2026-07-13
- Listed By
- SUTTON GROUP - SELECT REALTY
Features
Interior
- Primary Bedroom - Main Floor
Pool
- None
- Included
- Appliances as owned by landlord.
- Excluded
- tenants possessions.
Mortgage calculator
Estimated mortgage payment
$1,594 per month
- Principal and interest
- $1,594
- Property tax
- $157
- Condo fees
- $0
- Estimated monthly cost
- $1,750
Your mortgage
- Mortgage amount
- $287,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $190,148
Cash to close
- Down payment
- $71,980
- Land transfer tax
- $3,874
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $75,854
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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