431 South Street, London East, ON N6B 1C1
East K, London East · Near COLBORNE ST & SOUTH ST · View map
About this home
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 10
- Basement
- Unfinished
- Lot size
- 36.2 x 197 ft
- Faces
- South
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private
Taxes & other
- Property taxes
- $3,370/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- FLEXIBLE
- Cross street
- COLBORNE ST & SOUTH ST
- Neighbourhood
- East K
More
- Price per sq ft
- ~$422 (at 1,300 sq ft)
- Listed
- Aug 20, 2026 · 54 days ago
- MLS® number
- X13695900
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The home and its surroundings
- Primary Bedroom - Main Floor
- Separate Hydro Meter
- Sump Pump
- Water Heater Owned
- Water Meter
- Fenced Yard
- Park
- Place Of Worship
- Public Transit
- School
- Deck
- Porch
- Year Round Living
- 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.
431 South Street, London East, ON N6B 1C1
East K, London East · Near COLBORNE ST & SOUTH ST
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Listing history for 431 South Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 431 South Street
Answers come straight from this home’s MLS® listing.
How much is 431 South Street listed for, and what would it cost each month?
431 South Street is listed for $549,000. With 20% down ($109,800), the mortgage payment would be roughly $2,215 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,495 a month, all in. That figure is an illustration, not a quote.
Is 431 South Street freehold or a condo, and is there a monthly fee?
431 South Street is a bungalow in East K, 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 431 South Street have?
431 South Street has 4 bedrooms and 2 bathrooms.
Does 431 South Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 431 South Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 431 South Street?
431 South Street 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 431 South Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 36.2 x 197 ft.
How is 431 South Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 431 South Street?
Property taxes are $3,370 a year (2025), or about $281 a month.
Where is 431 South Street?
431 South Street is in the East K community of London East. The nearest main intersection is COLBORNE ST & SOUTH ST. The postal code is N6B 1C1.
How long has 431 South Street been on the market?
431 South Street was listed on August 20, 2026. It has been on the market for 54 days. It is an active listing (MLS® X13695900). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 431 South Street asking?
Similar bungalow-style homes for sale nearby right now include 439 South Street at $549,000 (5 bed), 175 Bancroft Road at $549,900 (4 bed) and 21 Jena Crescent at $524,900 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 431 South Street 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 431 South Street?
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 K, picked by style, size and price.
Bungalow$549,000439 South Street, London East5 bed · 2 bath · East KCourtesy of: SUTTON GROUP - SELECT REALTYView home →
Bungalow$549,900175 Bancroft Road, London East4 bed · 2 bath · East ICourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →
Bungalow$524,90021 Jena Crescent, London East3+1 bed · 2 bath · East ICourtesy of: ROYAL LEPAGE TRILAND REALTYView home →Courtesy of: SUTTON GROUP - SELECT REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.