43.0090° N · 81.2418° W — East B, London East — MLS® #X13798490
587 Lambton St
$864,900
East B, London East, Ontario N5Y 4G1
- 2+1
- BedroomsBeds
- 3
- BathroomsBaths
- 2000-2500 sqft2000-2500
- SizeSq ft
- 48.85 x 143.71 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
587 Lambton St is a 2+1-bedroom, 3-bathroom detached house in East B, London East, listed for sale at an asking price of $864,900 (MLS® X13798490).
LOCATED AT ADELAIDE / LAMBTON, HIGH TRAFFIC COUNT WITH EXCELLENT COMMERCIAL/RESIDENTIAL USE. Unique freehold mixed-use opportunity in a great London location! This versatile property offers a combination of commercial space, residential income and additional living flexibility, all on one property. The upper level features a bright 2-bedroom apartment with a full 4-piece bathroom, updated kitchen finishes and refinished hardwood floors, currently rented and providing immediate income. The main floor offers flexible office space with two separate office/flex areas, a kitchenette and 2-piece bathroom, making it ideal for a business owner or professional office. Finished basement offering additional living space with an existing kitchen area and plumbing in place, providing potential for future use. Basement has not been rented in many years. Buyer to verify continued use. Situated on a property with 8 on-site parking spaces accessible off of Lambton Street, this building offers exceptional flexibility for an owner-user, investor or entrepreneur looking to combine residential and commercial uses. Additional updates include a metal roof and eavestroughs (2020/21), two owned hot water tanks (2020), newer front door, dedicated bell fibre optic line and various updates throughout the home. The property is equipped with two furnaces, with one serving the main and lower levels and the other dedicated to the upper-level apartment. Double-brick construction with additional insulation provides excellent sound separation, making the interior remarkably quiet. Zoned OC5/R2-2, offering a range of permitted uses. A rare opportunity to own a flexible mixed-use property with multiple potential revenue streams.
Listing readings
How it measures up
Scores from the listing record and the market around it.
73Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
11Shortfall
Cash flow quality
−$2,341/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 6 homes with 3 bedrooms for lease in East B right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $10,144 / 2026
- MLS® number
- X13798490
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Time on market
- Size
- 2000-2500 sqft
- Lot Size
- 48.85 x 143.71 ft
- Listed on
- Parking
- None, 8 Parking
Listing history
Listing activity for 587 Lambton St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $864,900 | N/A | For Sale | X13798490 |
Inside
Room by room
From the listing.
- Office3.47 × 3.76 m
- Office3.46 × 3.74 m
- Bathroom1.56 × 1.54 m2 Pc Bath
- Other5.2 × 10.86 m
- Other1.96 × 1.12 m
- Bathroom2.36 × 1.44 m4 Pc Bath
- Br3.4 × 4.49 m
- 2nd Br3.47 × 3.79 m
- Living4.06 × 3.73 m
- Dining4.06 × 2.48 m
- Kitchen3.07 × 4.66 m
- Rec3.35 × 6.68 m
- 3rd Br3.27 × 4.34 m
- Bathroom1.66 × 1.77 m3 Pc Bath
- Utility3.37 × 6.28 m
- Laundry3.09 × 4.77 m
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- East B
- Municipality
- London East
Building
- Size
- 2000-2500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Bsmt, 1 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 8
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 48.85 ft
- Depth
- 143.71 ft
- Lot Size
- 48.85 x 143.71 ft
Where it sits
The street and the area
Asking prices on the map.
Around it
Detached in East B
Active listings only, today.
Detached homes for sale in East B right now
- For sale now
- 35
- Median asking price
- $750K
- New in 7 days
- 2
- Price cuts
- 29%
Middle half: $600K to $882K
13 in 28 days
10 listings
This home is asking 15% above the median.
See all homes in East BAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 6.7 km
- water wellsOn record1 water-supply well recorded within 250 m 15 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.9 m.
- groundwaterOn recordGroundwater recorded about 2.7 m below ground nearby The middle water level in the well records within 500 m (56 records). It changes with the season and from spot to spot.
- bedrockOn recordBedrock about 39.3 m down nearby The middle depth to bedrock in the well records within 500 m.
- npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is Corporation of the City of London — Adelaide Pollution Control Plant, 960 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by London Hydro Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Upper Thames River Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 7,020 sq ft652 m²
- Street frontage
- 48.85 ft14.9 m
- Depth
- 143.71 ft43.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land transfer tax on this home
- Ontario land transfer tax
- $13,773
- Total land transfer tax
- $13,773
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $9,773
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $864,900
- $9,298
- Ontario total
- $13,773
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St Michael Separate SchoolLondon District Catholic School BoardCatholic · grades JK–882%Grade 6 average600 m
- Northbrae Public SchoolThames Valley DSBPublic · grades JK–868%Grade 6 average800 m
- Old North Public SchoolThames Valley DSBPublic · grades JK–888%Grade 6 average950 m
- Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–692%Grade 6 average3.4 km
SecondaryGrade 9 math 2024–25
- École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math1.1 km
- London Central Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion81%Grade 9 math2.3 km
- Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math2.4 km
- H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–1256%Grade 9 math2.5 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$4,791
- Mortgage$3,946
- Property tax$845
A planning figure, not a quote.
Land transfer tax
$13,773
$9,773 for first-time buyers.
Rent, similar homes
$2,450
a month, median asking rent of 6 similar homes in East B.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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