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123 Mill Street

123 Mill Street

London East, ON

  • 5 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
  • 53 days on market
$649,900

Make sense with your dollars...superb investment opportunity or live-in with income describes this brick century home in fabulous core rental area. This legal duplex boasts a two bedroom one bath main floor unit with high ceilings, classic original trim and a spacious updated eat in kitchen, plus a generous living area and two sun-filled bedrooms. The upper three bedroom one bath unit is equally updated and also offers ample space in the living area and bedrooms. Both units have in suite laundry. Separate hydro meters and most windows replaced. The property could easily be converted back to a single family home or live in one unit and have the other assist with your mortgage. Vacant so you can move right in or choose your future tenants.

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Listing Details

Taxes (2025)
$6,924
Listed
July 16, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
100+
Construction
Brick
Roof
Asphalt Shingle
Foundation
Brick, Concrete Block
Interior
In-Law Suite, Separate Hydro Meter, Water Meter
Lot Size
40.44 x 63.5 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Richmond st
Zoning
R3-1
Parcel Number
082620136
Possession
1-29 days
Occupancy
Vacant

Included

Inclusions
All Existing Appliances
Rental Items
Hot water heater is a rental

Schools

Elementary

  • Jeanne-Sauvé Public School0.7 km

    Public · Thames Valley DSB · 305 students

    Grade 3 reading: 96% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • St Georges Public School1 km

    Public · Thames Valley DSB · 275 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • Woodfield French Immersion Public School1.3 km

    Public · Thames Valley DSB · 270 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 52% met the provincial standard

Secondary

  • London Central Secondary School0.9 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

  • Catholic Central High School1.4 km

    Catholic · London District Catholic School Board · 1310 students

    Grade 10 literacy: 89% met the provincial standard

  • H B Beal Secondary School1.8 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 N6A

Population
13,810
Private dwellings
9,768
Median age
34
Average household size
1.8
Median household income
$61,200

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.

Rooms

3-piece on Main, 3-piece on Second

Second

  • Bedroom11'9" x 11'8"
  • Bedroom11'9" x 9'3"
  • Bedroom14'2" x 8'6"
  • Kitchen13' x 11'8"
  • Living Room15'1" x 9'8"

Main

  • Bedroom14'1" x 8'7"
  • Bedroom12'10" x 11'6"
  • Kitchen14'5" x 12'9"
  • Living Room15'2" x 12'11"

Basement

  • Other11'2" x 19'
  • Utility Room12'7" x 19'
  • Utility Room13'3" x 19'2"

Listed by

SUTTON GROUP - SELECT REALTY

Walk Score

79

Walk

71

Transit

87

Bike

Scores by Walk Score®

Mortgage Calculator

$129,980

Estimated Monthly Payment

$3,193

Land transfer tax

Estimated land transfer tax$9,473

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: $3,193/mo (20% down, 5.5%)

Taxes: $577/mo · Insurance: $162/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions legal duplex. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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