For Sale: 626 Lorne Avenue, London, ON - REW
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$529,999
4 bd • 2 ba • 1100 - 1499 sf • Multifamily
626 Lorne Avenue
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$529,999
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626 Lorne AvenueLondon, ON, N5W 3K5

East London
  • 4 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

Visit the REALTOR website for further information about this listing. Exceptional opportunity for homeowners, investors, and business owners alike. This charming Victorian legal duplex combines character, flexibility, and income potential in the heart of Old East Village. Featuring classic period architecture, generous room sizes, and the timeless appeal of a heritage-era home, this property offers a unique alternative to newer construction. The duplex offers a vacant 3-bedroom main-floor unit available for possession August 1st, plus an upper 1-bedroom apartment providing immediate rental income. Situated on a 40-foot lot, the property features parking for up to 4 vehicles and a large private fenced backyard, providing ample outdoor space. The main-floor unit offers three bedrooms, a spacious living area, kitchen, 4-piece bathroom, and private laundry. The upper apartment features 1 bedroom, living room, kitchen, 4-piece bathroom, and its own laundry facilities. Current upper-unit tenancy (4 months into a one-year lease) provides stable income while the vacant main-floor unit offers flexibility for owner occupancy or market-rent potential. Separate laundry for each unit adds convenience and tenant appeal. The property has benefited from professional insulation upgrades, including the attic, both crawl spaces, and spray-foam insulation in the basement rim joist cavities, improving energy efficiency and year-round comfort. Located in London's vibrant Old East Village, close to downtown, Western Fair District, schools, parks, public transit, shopping, restaurants, and everyday amenities. Low property taxes further enhance the property's investment appeal. A versatile property offering character, income today, and flexibility for the future. (id:63626)
Listed by: SOPHIE ALEGRA GITERMAN, Salesperson, Easy List Realty Ltd.

Home facts and features

Price details
List Price
$529,999
Get Pre-Approved
Gross Taxes for 2026
$2,107
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
150 feet
Frontage
40.0 feet
Exterior Finish
Wood, Brick
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Crawl space
Features
Lane, Smoke Detectors
Appliances
Water Heater
Community
Agent details
Primary Agent
Primary Broker
Easy List Realty Ltd.
Listing details
Days on REW
1 Day
MLS® Number
X13472384
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

H B Beal Secondary School
  • Public
  • 9 - 12
St Mary School
  • Catholic
  • 5 - 8
Catholic Central High School
  • Catholic
  • 9 - 12
London Central Secondary School
  • Public
  • 9 - 12
Aberdeen Public School
  • Public
  • JK - 8
East Carling Public School
  • Public
  • JK - 8
St Georges Public School
  • Public
  • JK - 8
St. John French Immersion School
  • Catholic
  • JK - 8
St Michael School
  • Catholic
  • JK - 8
Knollwood Park Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
SOPHIE ALEGRA GITERMAN
Phone:
(416) 993-1040
Office:
888-323-1998
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