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Photo 1 of 321 Salisbury Street, London, East G — HOMEH
Photo 1 of 321 Salisbury Street, London, East G — HOMEH
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For Sale
Listed for:Listed 12 days ago
$535,000

321 Salisbury Street

London (East G), ON N5Y 3A8

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 321 Salisbury Street, London, East G

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 321 Salisbury Street, London, East G

Summarized Description

  • Turnkey duplex ideal for investors or end-users.
  • Upper unit features 3 bedrooms and updated kitchen.
  • Lower unit has 2 bedrooms with private entrance.
  • Immediate rental income of $1,500/month available.
  • Numerous recent upgrades enhance property value.
  • Flexible occupancy options for buyers.
  • Shared basement laundry for convenience.
  • Efficient heating and cooling systems installed.

Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate rental income to help with mortgage costs. The tenant can be assumed by the buyer, or vacant possession can be provided with 60 days' notice. Recent upgrades include basement flooring, paint and kitchen improvements in 2025, including a new refrigerator, exhaust fan and electric cooking range; heat pumps and a wall-mounted AC unit installed in 2025; separate electrical panels for each unit upgraded from 60 amps to 100 amps in 2025; an upgraded upper-unit bathroom shower enclosure, faucet, sink and vanity in 2026; a lower-unit bathroom vanity and glass shower door installed in 2025; an upgraded upper-unit living room window in 2025; and a washer and dryer replaced in 2026. Additional improvements include an expanded driveway (2018), rear patio addition (2020), new eavestroughs (2021), tub reglazing (2021), and bathroom updates (2021). With numerous recent upgrades, efficient heating and cooling, two separate living spaces, and flexible occupancy options, this property is ideal for investors or buyers looking to live in one unit while generating rental income from the other. Schedule your showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,342
Land Transfer Tax Fee
$7,175

Basement Type
Finished, Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow-Raised

Construction

Exterior Finish
Brick
Roof
Shingles
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
53.13 ft
Lot Depth
100.24 ft

Inclusions

Inclusions
Stove, Dishwasher, Rangehood, Refrigerator, Basement Fridge, Basement Stove

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Bedroom 3—
    Main level
  • Bathroom—
    Main level
  • Living Room—
    Lower level
  • Kitchen—
    Lower level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Lower level
  • Bedroom 2—
    Main level
  • Bedroom 5—
    Lower level
  • Living Room—
    Main level
  • Bedroom 4—
    Lower level
  • Laundry—
    Lower level
  • Foyer—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece

Municipality
London
Neighbourhood
East G
Main cross streets
Oxford St to Quebec St, Right On Salisbury St
Zoning
R2-2
Directions
Oxford St to Quebec St, Right On Salisbury St

MLS® number
X13859180
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-03
Updated on
2026-10-09
Days on market
12 days
Possession date
2026-12-01
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
SHRINE REALTY BROKERAGE LTD.

Home Market Value

Current home valuation for 321 Salisbury Street, London, East G, London, ON. Listed for $535,000

HOMEH Estimate

?

$440,284

Estimated Sales Range

?

$347,824 - $532,744

HOMEH Estimate for 321 Salisbury Street, London, East G

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$440,284Medium confidence
Based on 3 comparable properties
+ $94,716 (22%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $35,000 over $500K

Minimum down payment

$28,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,244$14,927$12,733$0
=Total mortgage
$526,354$496,427$467,483$428,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,570monthly$2,424monthly$2,282monthly$2,090monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,175

Total Land Transfer Tax

$7,175

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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3.5 /10

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Data provided by OpenStreetMap & Fraser Institute School Rankings

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