- Bedrooms
- 3+2
- Bathrooms
- 3
- Size
- 2,000–2,500sq ft
- Per sq ft
- $257at the range’s middle
- Lot
- 45.33 x 100 ft
- Tax a year
- $3,2522025 tax year
- Parking
- 4none
- Days on market
- Members
The brief
About 562 Piccadilly St
562 Piccadilly St is a 3+2-bedroom, 3-bathroom duplex in East F, London East, listed for sale at an asking price of $579,000 (MLS® X14131032).
Discover the perfect blend of timeless character, modern updates, and incredible versatility in this beautifully maintained separately metered duplex, ideally located in downtown London, close to amenities, schools, public transit, and more. Showcasing the charm and architectural beauty of a century home, this property offers exceptional space, ample parking, and a private lot perfect for unwinding after a long day.The main-floor unit will be vacant at the end of November, presenting an excellent opportunity for owner-occupiers looking to live in one unit while generating rental income from the other. This spacious unit features three bedrooms, including a primary bedroom with a large walk-in closet, high ceilings throughout, a formal living room and dining room, newer flooring, and a renovated kitchen.The upper unit is full of character, with charming slanted ceilings, an abundance of natural light from large windows and skylights, and a thoughtfully renovated kitchen. Offering two bedrooms, a full four-piece bathroom, a generous living area, and a bonus space ideal for a home office, this unit is both functional and inviting. A+ tenants are currently paying $1,200 per month plus hydro, providing an attractive income stream for the next owner. Additional features include on-site laundry with separate access for each unit, a large basement with additional living space, a two-piece bathroom, and an expansive storage area that has been waterproofed. Parking is another standout feature, with three spaces allocated to the main unit and one for the upper unit.With key renovations completed where they matter most, this property offers a rare opportunity to own a character-filled century home that stands apart from others in the area. Whether you're looking to owner-occupy, invest, or add a versatile property to your portfolio, this downtown duplex is full of potential and ready to impress!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even58/100−$63/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
- $3,252 / 2025
- MLS® number
- X14131032
- Board
- TRREB MLS®
- Property Type
- Duplex
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 45.33 x 100 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Duplex
- Style
- 2-Storey
- Community
- East F
- Municipality
- London East
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+2
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Main, 1 × 2pc Lower, 1 × 4pc Upper
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 45.33 ft
- Depth
- 100 ft
- Lot Size
- 45.33 x 100 ft
Additional
- Foundation
- Concrete, Brick
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Appliances in both units
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Dining | 4.45 × 3.16 m | — | Main |
| Kitchen | 3.29 × 5.18 m | — | Main |
| Primary | 3.75 × 2.74 m | W/I Closet | Main |
| 2nd Br | 2.93 × 3.51 m | — | Main |
| 3rd Br | 3.05 × 2.56 m | — | Main |
| Kitchen | 7.29 × 2.93 m | — | 2nd |
| Br | 3.51 × 2.87 m | — | 2nd |
| Br | 3.56 × 3.35 m | — | 2nd |
| Office | 2.9 × 1.14 m | — | 2nd |
| Living | 3.66 × 7.01 m | — | 2nd |
Listing history
Buy/sell history for 562 Piccadilly St, 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 | $579,000 | N/A | For Sale | X14131032 |
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
- $115,800
- Total mortgage amount
- $463,200
- Total interest payment
- $329,400
- Total purchase cost
- $908,400
- Mortgage payment
- $2,642/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
22%Monthly carrying cost
$2,913- Rent $2,850
- Shortfall $63
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
- $8,055
- Total land transfer tax
- $8,055
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,055
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 $579,000
- $3,580
- Ontario total
- $8,055
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
- 4,533 sq ft421 m²
- Street frontage
- 45.33 ft13.8 m
- Depth
- 100 ft30.5 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 m7 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (53 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: 7.0 km7 km
Province of Ontario open data
Around the home1
- Nearest rail line: 390 m390 m
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 London District Energy, 1.8 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 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 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
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 800 m | 82%Grade 6 average |
| Woodfield French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 800 m | 77%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 2.9 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.2 km | 81%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.3 km | 57%Grade 9 math |
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.3 km | 56%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 2 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 F are shown to signed-in members.