159 Montebello Drive, London East, ON N5W 1S1
East O, London East · Near Hamilton And Gore · View map
About this home
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)
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 2
- Rooms
- 9
- Basement
- Apartment, Separate Entrance
- Lot size
- 125 x 60 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Carport
- Driveway spaces
- 5
- Total parking
- 5
- Parking features
- Private Double
Taxes & other
- Property taxes
- $4,249/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- TBA
- Cross street
- Hamilton And Gore
- Neighbourhood
- East O
More
- Price per sq ft
- ~$867 (at 900 sq ft)
- Listed
- Jul 7, 2026 · 97 days ago
- MLS® number
- X13535068
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
159 Montebello Drive, London East, ON N5W 1S1
East O, London East · Near Hamilton And Gore
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Listing history for 159 Montebello Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 159 Montebello Drive
Answers come straight from this home’s MLS® listing.
How much is 159 Montebello Drive listed for, and what would it cost each month?
159 Montebello Drive is listed for $779,999. With 20% down ($156,000), the mortgage payment would be roughly $3,146 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,500 a month, all in. That figure is an illustration, not a quote.
Is 159 Montebello Drive freehold or a condo, and is there a monthly fee?
159 Montebello Drive is a bungalow in East O, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 159 Montebello Drive have?
159 Montebello Drive has 5 bedrooms and 3 bathrooms.
Does 159 Montebello Drive have a garage and parking?
Yes. The listing shows the garage as carport. The driveway adds 5 spaces. In total the listing counts 5 parking spaces.
Does 159 Montebello Drive have a finished basement?
The listing describes the basement as apartment, separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 159 Montebello Drive?
159 Montebello Drive is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 159 Montebello Drive, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 125 x 60 ft.
How is 159 Montebello Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 159 Montebello Drive?
Property taxes are $4,249 a year (2025), or about $354 a month.
Where is 159 Montebello Drive?
159 Montebello Drive is in the East O community of London East. The nearest main intersection is Hamilton And Gore. The postal code is N5W 1S1.
How long has 159 Montebello Drive been on the market?
159 Montebello Drive was listed on July 7, 2026. It has been on the market for 97 days. It is an active listing (MLS® X13535068). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 159 Montebello Drive asking?
Similar bungalow-style homes for sale nearby right now include 140 Highbury Avenue N at $670,000 (4+2 bed), 104 Queenston Crescent at $649,000 (3+2 bed) and 169 Ellsworth Crescent at $640,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 159 Montebello Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 159 Montebello Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near East O, picked by style, size and price.
Bungalow$670,000140 Highbury Avenue N, London East4+2 bed · 3 bath · East OCourtesy of: BLUE FOREST REALTY INC.View home →
Bungalow$649,000104 Queenston Crescent, London East3+2 bed · 3 bath · East OCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Bungalow$640,000169 Ellsworth Crescent, London East3 bed · 2 bath · East OCourtesy of: OAK AND KEY REAL ESTATEView home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.