Listed for:Listed 3 days ago
$409,000

980 Lorne Avenue

London (East G), ON N5W 3L3

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 980 Lorne Avenue, London, East G

No listing history available

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About 980 Lorne Avenue, London, East G

Summarized Description

  • Charming legal duplex with income potential
  • Detached double garage with rear-lane access
  • Original hardwood floors and architectural details
  • Flexible living space for multi-generational use
  • Located near downtown, shopping, and transit
  • Mature gardens and outdoor entertaining areas
  • Three bedrooms plus additional room for versatility
  • Investment opportunity in East London

LEGAL DUPLEX DETACHED DOUBLE GARAGE HOME WITH CHARACTER, INCOME POTENTIAL & OPPORTUNITY IN EAST LONDON. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other.Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,862
Land Transfer Tax Fee
$4,655

Basement Type
Exposed Rock, Partial Basement, Unfinished

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Patio, Porch, Privacy, Year Round Living, Awnings
Pool
None

Building

Building Type
Multiplex
Building Style
1 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Brick, Concrete Block
Roof
Asphalt Shingle
Foundation Details
Block, Concrete, Concrete Block, Brick
Special Designation
Unknown

Lot

Lot Front
45.00 ft
Lot Depth
140.00 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Hydro
Yes
Cable
Available

Bedrooms
5
Washrooms
3
Kitchens
2

Room sizes

  • Family Room—
    Ground level, Combined w/Dining, W/O To Patio
  • Bedroom 2—
    Ground level
  • Living Room—
    Second level
  • Bedroom—
    Ground level, Combined w/Office
  • Kitchen—
    Ground level, Skylight
  • Foyer—
    Ground level
  • Bedroom—
    Ground level
  • Living Room—
    Ground level
  • Kitchen—
    Ground level
  • Sitting—
    Second level, Skylight
  • Bedroom 2—
    Second level, Skylight
  • Foyer—
    Second level, Side Door, Staircase

Washrooms

  • 4-piece, Ground
  • 4-piece, Ground
  • 3-piece, Second

Municipality
London
Neighbourhood
East G
Main cross streets
WOODMAN
Directions
Adelaide street to Lorne avenue
Waterfront
None

MLS® number
X14101078
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-21
Updated on
2026-10-21
Days on market
3 days
Possession date
2026-10-21
Possession type
1-29 days
Co-op commission
2%PLUS HST
Seller
Listed by
SUTTON GROUP - SELECT REALTY

Home Market Value

Current home valuation for 980 Lorne Avenue, London, East G, London, ON. Listed for $409,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 980 Lorne Avenue, London, East G

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

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$20,450

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,542$11,411$9,734$0
=Total mortgage
$404,092$379,511$357,384$327,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,973monthly$1,853monthly$1,745monthly$1,598monthly
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Land Transfer Tax

Provincial

$4,655

Total Land Transfer Tax

$4,655

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