$389,500
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981 Lorne Avenue, London East (east G), ON N5W3L4

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4 Beds
3 Baths
- Sq Ft

AMAZINGLY PRICED LONDON, ON DUPLEX! Superior Up-&-Down LEGAL DUPLEX (w/ TRI-PLEX potential*) in Old East Village! This well-maintained LEGAL duplex (formerly a TRI-PLEX) is ideally located in a desirable pocket of Old East Village, close to schools, playgrounds, shopping, Western Fair District, & countless other amenities. Featuring separate entrances & separate hydro meters, this property offers flexibility, privacy, & proven strong income. The spacious main unit spans two levels & offers 2 bedrooms with the potential to be used as 3 bedrooms (given the additional living space in lower level) along with an impressive 2 FULL bathrooms. This unit feels like a full house, making it perfect for owner-occupiers or families seeking space & comfort. Helping to offset your mortgage is a great upper-level tenant in the 1 bedroom/1 bathroom unit, creating an ideal live & earn opportunity! The home is in excellent overall condition, making for truly easy "landlording". Major upgrades were completed in 2013, including wiring, plumbing, furnace, & insulation (walls and attic). The roof was replaced in 2011, & renovated bathrooms, kitchen, & windows were completed in 2019. Two full sets of appliances are included. Additional highlights include loads of parking, a fully fenced yard w/ patio & handy garden shed, & a *walk-up lower level (SEPERATE ENTRANCE to LOWER) that could potentially be converted back to a triplex, unlocking even more income. This place is irrefutably loaded with value! Both units are currently rented month-to-month, offering flexibility for investors or owner-occupiers. Live in one unit with strong rental income, or rent both for maximum returns. Turn the key & go - such a good buy! Vacant possession of primary owner occupied 2-level unit available immediately if desired, or keep the owner in that unit at $2100/month + hydro. Excellent upper unit tenant on month to month terms at $1450 + hydro would be happy to stay. $42.6K per yr gross w/ minimal expenses (id:58753)

Listing By: MIKE SLOAN - ROYAL LEPAGE TRILAND REALTY cncrea2 Realty.com
  • MLS® X12955672
  • Date Listed04/03/2026
  • Days on Realty 65 Days
  • Bedrooms 4
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • Water Public

Interior Features

  • Appliances All, Water Heater
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Woodman Ave. ** Directions: MAP to 981 LORNE AVE, LONDON, ON: Take Quebec to Lorne Ave, go East, and find this house 2 doors up on your right just steps to Boyle Community Centre and Playground.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N5W3L4

Discover key demographics, population statistics, and environmental insights for the London East (east G), ON area.

Walkability in ON / N5W3L4

Source: Walk Score

71/100

Very Walkable

Walk Score ®

54/100

Good Transit

Transit Score ®

66/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

12 nearby routes: 12 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 46/100, Bike Score: 58/100.

Points of Interest near 981 LORNE AVENUE, London East (East G), ON N5W3L4

Frequently Asked Questions for 981 LORNE AVENUE

Source: Realty.com

981 LORNE AVENUE, London East (East G), ON N5W3L4 in London East (East G), ON N5W3L4 is a duplex listed at $389,500. Highlights include 4 bedrooms, 3 bathrooms. Realty.ca has 46 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 46 photos of 981 LORNE AVENUE.

The full address for this home is 981 LORNE AVENUE, London East (East G), ON N5W3L4.

981 LORNE AVENUE has been listed on Realty.com since Fri April 03, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 46/100, Bike Score: 58/100.

Listing provided courtesy of: ROYAL LEPAGE TRILAND REALTY
Listing agent: MIKE SLOAN

This content last refreshed on 2026-06-07 23:46:51. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.