626 Lorne Avenue
London East, ON
- 4 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
- 76 days on market
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.
Listing Details
- Taxes (2026)
- $2,107
- Originally Listed
- $529,999
- Listed
- June 21, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Construction
- Brick, Wood
- Roof
- Fibreglass Shingle
- Foundation
- Block, Brick
- Interior
- Primary Bedroom - Main Floor, Upgraded Insulation, Water Heater
- Lot Size
- 40 x 150 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- None
- Heat Source
- Gas
Location & Legal
- Cross Street
- Adelaide & Lorne Ave
- Zoning
- AC4
- Parcel Number
- 082800178
- Possession
- Other
- Occupancy
- Owner+Tenant
Schools
Secondary
- H B Beal Secondary School0.6 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
- Catholic Central High School0.8 km
Catholic · London District Catholic School Board · 1310 students
Grade 10 literacy: 89% met the provincial standard
- London Central Secondary School1.1 km
Public · Thames Valley DSB · 955 students
Grade 10 literacy: 91% met the provincial standard
Elementary
- St Mary School0.6 km
Catholic · London District Catholic School Board · 230 students
Grade 6 math: 85% met the provincial standard
- Woodfield French Immersion Public School0.6 km
Public · Thames Valley DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Aberdeen Public School1.2 km
Public · Thames Valley DSB · 295 students
Grade 3 reading: 43% met the provincial standard · Grade 6 math: 33% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5W
- Population
- 24,740
- Private dwellings
- 12,388
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in London East · last 12 months
- Median sold price
- $462,500
- Homes sold
- 1,325
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,325 recorded sales of residential freehold properties in London East over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second
Second
- Bedroom12'4" x 8'3"
- Kitchen11'7" x 10'
- Living Room16'4" x 9'
Main
- Bedroom9'11" x 7'6"
- Bedroom10' x 8'7"
- Kitchen15'2" x 11'2"
- Living Room12'4" x 10'9"
- Primary Bedroom11'3" x 10'5"
Listed by
EASY LIST REALTY LTD.
Walk Score
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Location
Street View
Mortgage Calculator
$97,000
Estimated Monthly Payment
$2,383
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,383/mo (20% down, 5.5%)
Taxes: $176/mo · Insurance: $121/mo
Estimates only. Consult a financial advisor.
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