550 Elizabeth Street, London East, ON N5W 3S4
East G, London East · Near Adelaide & Central · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- Partial Basement
- Lot size
- 45 x 331 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private, Tandem
Taxes & other
- Property taxes
- $4,342/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Anytime after Oct 15, 2026
- Cross street
- Adelaide & Central
- Neighbourhood
- East G
More
- Price per sq ft
- ~$346 (at 1,300 sq ft)
- Listed
- Sep 10, 2026 · 32 days ago
- MLS® number
- X13768552
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The home and its surroundings
- Upgraded Insulation
- 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.
550 Elizabeth Street, London East, ON N5W 3S4
East G, London East · Near Adelaide & Central
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Listing history for 550 Elizabeth Street
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 550 Elizabeth Street
Answers come straight from this home’s MLS® listing.
How much is 550 Elizabeth Street listed for, and what would it cost each month?
550 Elizabeth Street is listed for $449,900. With 20% down ($89,980), the mortgage payment would be roughly $1,815 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,177 a month, all in. That figure is an illustration, not a quote.
Is 550 Elizabeth Street freehold or a condo, and is there a monthly fee?
550 Elizabeth Street is a bungalow in East G, 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 550 Elizabeth Street have?
550 Elizabeth Street has 2 bedrooms and 2 bathrooms.
Does 550 Elizabeth Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 550 Elizabeth Street have a finished basement?
The listing describes the basement as partial basement.
What style of home is 550 Elizabeth Street?
550 Elizabeth 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 550 Elizabeth 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 45 x 331 ft.
How is 550 Elizabeth Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 550 Elizabeth Street?
Property taxes are $4,342 a year (2025), or about $362 a month.
Where is 550 Elizabeth Street?
550 Elizabeth Street is in the East G community of London East. The nearest main intersection is Adelaide & Central. The postal code is N5W 3S4.
How long has 550 Elizabeth Street been on the market?
550 Elizabeth Street was listed on September 10, 2026. It has been on the market for 32 days. It is an active listing (MLS® X13768552). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 550 Elizabeth Street asking?
Similar bungalow-style homes for sale nearby right now include 682 PRINCESS Avenue at $449,000 (2 bed), 459 Dorinda Street at $445,000 (2 bed) and 74 Sterling Street at $444,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 550 Elizabeth 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 550 Elizabeth 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 G, picked by style, size and price.
Bungalow$449,000682 PRINCESS Avenue, London East2 bed · 1 bath · East GCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →
Bungalow$445,000459 Dorinda Street, London East2 bed · 1 bath · East GCourtesy of: THRIVE REALTY GROUP INC.View home →
Bungalow$444,00074 Sterling Street, London East2 bed · 2 bath · East GCourtesy of: REAL BROKER ONTARIO LTDView home →Courtesy of: BLUE FOREST REALTY INC.
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.