- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 2,000–2,500sq ft
- Per sq ft
- $182at the range’s middle
- Lot
- 45 x 140 ft
- Tax a year
- $4,8622025 tax year
- Built
- 100+
- Parking
- 52 detached
- Days on market
- Members
The brief
About 980 Lorne Ave
980 Lorne Ave is a 5-bedroom, 3-bathroom duplex in East G, London East, listed for sale at an asking price of $409,000 (MLS® X14101078).
LEGAL DUPLEX DETACHED DOUBLE GARAGE HOME WITH CHARACTER, INCOME POTENTIAL & OPPORTUNITY IN EAST LONDON. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other .Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong85/100+$579/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
- $4,862 / 2025
- MLS® number
- X14101078
- Board
- TRREB MLS®
- Property Type
- Duplex
- Building Age
- 100+
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 45 x 140 ft
- Listed on
- Parking
- 2 Detached, 5 Parking
Property details
Property
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- Community
- East G
- Municipality
- London East
Building
- Size
- 2000-2500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Ground, 1 × 4pc Ground, 1 × 3pc 2nd
- Basement Type
- Exposed Rock
- Kitchens
- 2
Parking
- Driveway
- Lane, Private, Rt-Of-Way, Front Yard
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 3
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45 ft
- Depth
- 140 ft
- Lot Size
- 45 x 140 ft
Additional
- Foundation
- Block, Concrete, Concrete Block, Brick
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Family | 3.57 × 7.68 m | Combined W/Dining, W/O To Patio | Ground |
| Br | 2.44 × 2.87 m | — | Ground |
| Kitchen | 2.95 × 4.12 m | Skylight | Ground |
| 2nd Br | 3.38 × 4.33 m | — | Ground |
| 2nd Br | 3.54 × 5.12 m | Skylight | 2nd |
| Sitting | 2.44 × 2.13 m | Skylight | 2nd |
| Living | 4.27 × 5.18 m | — | 2nd |
| Foyer | 3.54 × 3.35 m | Side Door, Staircase | 2nd |
| Br | 2.74 × 5.49 m | Combined W/Office | Ground |
| Kitchen | 3.66 × 3.96 m | — | Ground |
| Living | 4.18 × 4.57 m | — | Ground |
| Foyer | 1.59 × 3.54 m | — | Ground |
Listing history
Buy/sell history for 980 Lorne Ave, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $409,000 | N/A | For Sale | X14101078 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $81,800
- Total mortgage amount
- $327,200
- Total interest payment
- $232,600
- Total purchase cost
- $641,600
- Mortgage payment
- $1,866/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,271- Carrying cost $2,271
- Surplus $579
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
- $4,655
- Total land transfer tax
- $4,655
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $655
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 $409,000
- $180
- Ontario total
- $4,655
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
- Lot area
- 6,300 sq ft585 m²
- Street frontage
- 45 ft13.7 m
- Depth
- 140 ft42.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m2 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 (38 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: 5.8 km5.8 km
Province of Ontario open data
Around the home2
- Nearest rail line: 330 m330 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, 1.7 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
- New in 7 days
- 0
- Price cuts
- 30%
Middle half: $421K to $565K
1 in 28 days
3 listings
This home is asking 14% below the median, lower than three quarters of them.
See all homes in East GAsking 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| East Carling Public SchoolThames Valley DSB | Public · grades JK–8 | 850 m | 64%Grade 6 average |
| Blessed Sacrament Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1 km | 77%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 92%Grade 6 average |
| Knollwood Park Public SchoolThames Valley DSB | Public · grades JK–8 | 1.5 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.6 km | 56%Grade 9 math |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.9 km | 44%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.9 km | 57%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 2.4 km | 57%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
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Sold prices in East G are shown to signed-in members.