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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13859180For SaleDuplex

321 Salisbury St

East G, London East, Ontario N5Y 3A8

Map
1 / 27
321 Salisbury St, London East, photo 1
Asking$535,000
Bedrooms
3+2
Bathrooms
2
Size
700–1,100sq ft
Per sq ft
$594at the range’s middle
Lot
Under 0.50 acres
Tax a year
$4,3422025 tax year
Parking
3none
Days on market
Members

The brief

About 321 Salisbury St

321 Salisbury St is a 3+2-bedroom, 2-bathroom duplex in East G, London East, listed for sale at an asking price of $535,000 (MLS® X13859180).

Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate rental income to help with mortgage costs. The tenant can be assumed by the buyer, or vacant possession can be provided with 60 days' notice. Recent upgrades include basement flooring, paint and kitchen improvements in 2025, including a new refrigerator, exhaust fan and electric cooking range; heat pumps and a wall-mounted AC unit installed in 2025; separate electrical panels for each unit upgraded from 60 amps to 100 amps in 2025; an upgraded upper-unit bathroom shower enclosure, faucet, sink and vanity in 2026; a lower-unit bathroom vanity and glass shower door installed in 2025; an upgraded upper-unit living room window in 2025; and a washer and dryer replaced in 2026. Additional improvements include an expanded driveway (2018), rear patio addition (2020), new eavestroughs (2021), tub reglazing (2021), and bathroom updates (2021). With numerous recent upgrades, efficient heating and cooling, two separate living spaces, and flexible occupancy options, this property is ideal for investors or buyers looking to live in one unit while generating rental income from the other. Schedule your showing today!

Insights

  • Condition Score

    Good

    3 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs

    +$47/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 homes with 5 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,342 / 2025
MLS® number
X13859180
Board
TRREB MLS®
Property Type
Duplex
Days on market
Size
700-1100 sqft
Lot Size
53.13 x 100.24 ft
Listed on
Parking
None, 3 Parking
Listing brokerage: SHRINE REALTY BROKERAGE LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Duplex
Style
Bungalow-Raised
Community
East G
Municipality
London East

Building

Size
700-1100 sqft
Construction
Brick

Inside

Bedrooms
3+2
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 4pc
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
None
Additional Parking
3
Total Parking
3

Utilities

Water
Municipal
Cooling
Wall Unit
Heating Type
Baseboard

Land

Sewer
Sewers
Frontage
53.13 ft
Depth
100.24 ft
Lot Size
53.13 x 100.24 ft

Additional

Foundation
Poured Concrete
Roof
Shingles
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Stove, Dishwasher, Rangehood, Refrigerator, Basement Fridge, Basement Stove

Rooms

RoomSizeFeaturesLevel
Foyer0.97 × 1.09 m—Main
Living4.71 × 3.81 m—Main
Primary3.06 × 3.45 m—Main
2nd Br2.71 × 2.74 m—Main
3rd Br3.04 × 2.38 m—Main
Bathroom1.55 × 2.13 m—Main
Living3.39 × 6.14 m—Lower
Kitchen2.02 × 3.38 m—Lower
4th Br3.14 × 3.38 m—Lower
5th Br3.12 × 3.32 m—Lower
Bathroom1.55 × 1.98 m—Lower
Laundry2.0 × 2.86 m—Lower

Listing history

Buy/sell history for 321 Salisbury St, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$535,000N/AFor SaleX13859180

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $107,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$107,000
Total mortgage amount
$428,000
Total interest payment
$304,300
Total purchase cost
$839,300
Mortgage payment
$2,441/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

18%

Monthly carrying cost

$2,803
$47per month
  • Carrying cost $2,803
  • Surplus $47

Rental income opens at $2,850, the median asking rent of 8 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,175
Total land transfer tax
$7,175
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,175
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $535,000
$2,700
Ontario total
$7,175

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Street frontage
53.13 ft16.2 m
Depth
100.24 ft30.6 m
Lot size
Under 0.50 acresAs the board bands it

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 7 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 10.1 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 5.9 kmNearest rail line: 30 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m9 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 10.1 m below ground nearbyThe middle water level in the well records within 500 m (45 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 5.9 km5.9 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 30 m30 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Russel Metals Inc. — London, 2.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Multiplexes for sale in East G right now

For sale now
10
Median asking price
$474K

Middle half: $421K to $565K

New in 7 days
0

1 in 28 days

Price cuts
30%

3 listings

This home is asking 13% above the median.

See all homes in East G

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
East Carling Public SchoolThames Valley DSBPublic · grades JK–8450 m64%Grade 6 average
Blessed Sacrament Separate SchoolLondon District Catholic School BoardCatholic · grades JK–8800 m77%Grade 6 average
Knollwood Park Public SchoolThames Valley DSBPublic · grades JK–81 km61%Grade 6 average
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–61.7 km92%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–121.6 km56%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–121.8 km44%Grade 9 math
Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–121.9 km57%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–122 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in East G are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record