174 Clarence Street
London East, ON
- 2 bed
- 1 bath
- approx. < 700 sqft
- Detached
- 57 days on market
Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum. The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you're a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value. Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you'll enjoy easy access to downtown amenities, transit, and major employers.
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Listing Details
- Taxes (2026)
- $1,878
- Listed
- July 13, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Primary Bedroom - Main Floor
- Lot Size
- 33 x 55 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Grey St.
- Parcel Number
- 083200135
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Appliances as owned by landlord.
- Exclusions
- tenants possessions.
Schools
Elementary
- Tecumseh Public School0.9 km
Public · Thames Valley DSB · 345 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 53% met the provincial standard
- St. John French Immersion School0.9 km
Catholic · London District Catholic School Board · 540 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 58% met the provincial standard
- St Martin Separate School1.2 km
Catholic · London District Catholic School Board · 455 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 42% met the provincial standard
Secondary
- London South Collegiate Institute0.9 km
Public · Thames Valley DSB · 880 students
Grade 10 literacy: 73% met the provincial standard
- Catholic Central High School1.2 km
Catholic · London District Catholic School Board · 1310 students
Grade 10 literacy: 89% met the provincial standard
- H B Beal Secondary School1.3 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% 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 N6B
- Population
- 11,101
- Private dwellings
- 7,181
- Median age
- 38
- Average household size
- 1.6
- Median household income
- $49,200
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
- $462,000
- Homes sold
- 1,322
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,322 recorded sales of residential freehold properties in London East over the last 12 months.
Listed by
SUTTON GROUP - SELECT REALTY
Walk Score
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Location
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Mortgage Calculator
$71,980
Estimated Monthly Payment
$1,768
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: $1,768/mo (20% down, 5.5%)
Taxes: $157/mo · Insurance: $90/mo
Estimates only. Consult a financial advisor.
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