- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $611at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $3,6712025 tax year
- Built
- 31-50
- Parking
- 3none
- Days on market
- Members
The brief
About 155 River Run Terr
155 River Run Terr is a 2+1-bedroom, 2-bathroom detached house in East P, London East, listed for sale at an asking price of $549,900 (MLS® X14128054).
Move in ready, extensively updated and offering 1,652 sq. ft. of total finished living space, including the lower level**, all while backing directly onto a park! This detached raised bungalow offers 3 bedrooms, 2 full bathrooms, a finished lower level and parking for three vehicles. With a new roof installed in 2023 and numerous updates throughout, much of the work has already been done. The main level features hardwood flooring throughout the principal living areas, an updated kitchen with plenty of cabinetry and counter space, and a refreshed modern bathroom. The bright living and dining areas offer a comfortable layout for everyday living and entertaining. Downstairs, the finished lower level features high ceilings, new laminate flooring, a cozy gas fireplace, an additional bedroom, full bathroom and separate rear entrance. The raised ranch design lends itself exceptionally well to an in law suite or potential secondary dwelling, offering an attractive opportunity for extended family living or buyers looking to explore rental income possibilities, subject to municipal approvals. Outside, the fully fenced backyard backs directly onto a park and features a patio added approximately five years ago and a convenient storage shed. The location is another standout! Enjoy walking distance to nearby parks and London's popular East Park Golf Gardens, with convenient access to bus routes connecting to Fanshawe College and downtown London. Additional improvements include new appliances throughout, with the exception of the stove. With its desirable park setting, extensive updates, convenient location and excellent income potential, this home offers tremendous versatility for homeowners and investors alike!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$715/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 34 detached homes with 3 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
- $3,671 / 2025
- MLS® number
- X14128054
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 31-50
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 39.37 x 98.42 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow-Raised
- Community
- East P
- Municipality
- London East
Building
- Size
- 700-1100 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 3pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 39.37 ft
- Depth
- 98.42 ft
- Lot Size
- 39.37 x 98.42 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Appliances, Light Fixtures, Curtains and Blinds, Shelving fastened to the wall. Bedroom TV
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 0.95 × 1.98 m | — | Main |
| Living | 4.12 × 6.33 m | — | Main |
| Kitchen | 2.89 × 3.72 m | — | Main |
| Dining | 2.4 × 3.4 m | — | Main |
| Bathroom | 1.4 × 2.55 m | — | Main |
| Br | 2.57 × 3.62 m | — | Main |
| Primary | 4.07 × 3.4 m | — | Main |
| Br | 3.44 × 4.15 m | — | Lower |
| Bathroom | 1.99 × 1.98 m | — | Lower |
| Laundry | 3.34 × 3.03 m | — | Lower |
| Family | 6.45 × 3.99 m | — | Lower |
| Utility | 1.5 × 1.97 m | — | Lower |
Listing history
Buy/sell history for 155 River Run Terr, 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 | $549,900 | N/A | For Sale | X14128054 |
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
- $109,980
- Total mortgage amount
- $439,920
- Total interest payment
- $312,780
- Total purchase cost
- $862,680
- Mortgage payment
- $2,509/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
43%Monthly carrying cost
$2,815- Rent $2,100
- Shortfall $715
Rental income opens at $2,100, the median asking rent of 34 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
- $7,473
- Total land transfer tax
- $7,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $3,473
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 $549,900
- $2,998
- Ontario total
- $7,473
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
- 39.37 ft12 m
- Depth
- 98.42 ft30 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, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 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: 5.1 km5.1 km
Province of Ontario open data
Around the home1
- Nearest rail line: 930 m930 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Accuride Canada Inc. — ACCURIDE, 800 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- 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, Falcon Internet Services, 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
Detached homes for sale in East P right now
- For sale now
- 9
- Median asking price
- $630K
- New in 7 days
- 2
- Price cuts
- 22%
Middle half: $575K to $640K
4 in 28 days
2 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in East PAsking 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 |
|---|---|---|---|
| Tweedsmuir Public SchoolThames Valley DSB | Public · grades JK–8 | 1.1 km | 87%Grade 6 average |
| St Bernadette Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 52%Grade 6 average |
| John P Robarts Public SchoolThames Valley DSB | Public · grades JK–8 | 1.7 km | 61%Grade 6 average |
| École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique Providence | French-language Catholic · grades JK–6 | 2.1 km | 73%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 2.7 km | 77%Grade 9 math |
| Clarke Road Secondary SchoolThames Valley DSB | Public · grades 9–12 | 2.7 km | 45%Grade 9 math |
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 4.3 km | — |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 5.2 km | 44%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 P are shown to signed-in members.