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For Sale
Just Listed

159 Montebello Drive

East O, London East, ON
$779,999
5Bd
3Ba
900+sqft
5Parking
125 x 60 ftlot
$867/sqft
DetachedMLS# X13535068Listed 2026-07-077 DOM
Cooling
Central Air

About this home

Detached house with LEGAL BASEMENT APARTMENT, 3-bedroom situated on a (60X125) extra large premium lot with 1724 sq ft of living area. This home stands out with incredible future potential, the expansive front and side yard offers the possibilities to explore an additional dwelling units in the future, making it a forward thinking investment in rapidly growing market. Full Of Natural Light featuring a fully permitted, 2-bedroom legal basement suite with 2 washroom. Perfect for house hacking or a strong addition to your rental portfolio significantly help with mortgage payments. The lower level features its own separate entrance, private laundry, and strong income potential. The main floor flows easily from the bright living room through to the kitchen. This Home has been freshly painted with new flooring, new furnace 2024 and hot water tank 2025 (owned) with 200 Amp upgraded electrical panel. Walking distance to all amenities. Close to top-rated schools, parks, major transit hubs and quick access for any commuter, it's all close by. A lovely, generous side and front yard with room to garden, gather, or simply breathe. And just steps from your front door, beautiful trail network is waiting, the perfect way to start or end your day. But once you're home, you won't want to be anywhere else.

Basement Apt

Rooms

Main Floor
Living Room14.40 × 12.00 m

Features

  • None
  • Apartment
  • Separate Entrance
  • Central Air
  • Bungalow

Financials

Annual Taxes
$4,248.69

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield6.9% – 10.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — London East

Days on market7 days
Buyer's MarketSeller's Market

Based on active listings in London East. Data updates daily.

Our estimate for this home

Priced 44.5% above estimate
Estimated range
$499K$580K
Mid-point $540K · ~$600/sqft
How this listing compares
$499KList · $780K$580K
High confidence·Based on 14858 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$779,999
159 Montebello Drive, London East
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