42.9941° N · 81.2331° W — East G, London East — MLS® #X13614444
631 Elias St
$464,000
East G, London East, Ontario N5W 3N5
- 3
- BedroomsBeds
- 2
- BathroomsBaths
- 1500-2000 sqft1500-2000
- SizeSq ft
- 27.5 x 150 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
631 Elias St is a 3-bedroom, 2-bathroom duplex in East G, London East, listed for sale at an asking price of $464,000 (MLS® X13614444).
Turnkey Investment Opportunity in Old East Village! This charming yellow brick duplex at 631 Elias Street is fully leased and cash-flowing from day one, offering a rare chance to add a hassle-free, income-producing property to your portfolio. Both units are occupied by reliable tenants, delivering $2,633/month in combined gross rent with tenants responsible for their own hydro and gas.The upper unit is a bright, spacious 2-bedroom with a unique layout: one bedroom on the main floor and a second bedroom upstairs. It's now leased at $1,550/month plus hydro and gas and features its own private laundry, electric baseboard heating, and the added comfort and charm of a gas fireplace.The lower unit is home to a reliable, long-term tenant currently paying $1,083/month, with its own separate laundry and forced-air gas heating.Both units are separately metered for hydro and gas, with tenants covering their own utilities. The owner pays water only, keeping expenses low and predictable.Recent updates take the guesswork out of ownership. The roof was redone in three phases between 2018 and 2021, the bathtub was refinished in 2023, a new washer was installed in 2023, a new gas fireplace insert was added in 2025, and the deck was rebuilt in 2026.With two stable tenancies in place, separately metered utilities, private laundry in each unit, and a strong list of recent updates, 631 Elias Street is ready for an investor to step in and start collecting rent immediately. No vacancy, no renovation, no delay. Ideally located close to downtown, public transit, schools, parks, and the shops, cafés, breweries, and restaurants that make Old East Village one of London's most exciting and evolving neighbourhoods.
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.
54Near break-even
Cash flow quality
−$135/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 87 homes with 3 bedrooms for lease in London East 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
- $3,820 / 2026
- MLS® number
- X13614444
- Board
- TRREB MLS®
- Property Type
- Duplex
- Building Age
- 100+
- Time on market
- Size
- 1500-2000 sqft
- Lot Size
- 27.5 x 150 ft
- Listed on
- Parking
- None, 5 Parking
Listing history
Listing activity for 631 Elias St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $464,000 | N/A | Pc | X13614444 |
Inside
Room by room
From the listing.
- Primary3.02 × 5.78 m
- Dining2.62 × 3.86 m
- Kitchen3.6 × 3.3 m
- Living3.78 × 3.44 m
- Br3.96 × 2.92 m
- Primary4.24 × 2.8 m
- Living2.9 × 3.25 m
- Dining2.36 × 3.33 m
- Kitchen2.9 × 2.7 m
Property
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- Community
- East G
- Municipality
- London East
Building
- Size
- 1500-2000 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc 2nd, 4pc Main
- Basement Type
- Unfinished
- Kitchens
- 2
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 5
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 27.5 ft
- Depth
- 150 ft
- Lot Size
- 27.5 x 150 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Around it
Duplex in East G
Active listings only, today.
Multiplexes for sale in East G right now
- For sale now
- 10
- Median asking price
- $474K
- New in 7 days
- 0
- Price cuts
- 30%
Middle half: $421K to $565K
1 in 28 days
3 listings
This home is asking 2% below the median.
See all homes in East GAsking 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
- railOn recordNearest rail line: 230 m
- airportOn recordNearest airport: 6.8 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 25 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 3 m below ground nearby The middle water level in the well records within 500 m (78 records). It changes with the season and from spot to spot.
- bedrockOn recordBedrock about 37.2 m down nearby The middle depth to bedrock in the well records within 500 m.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is London District Energy, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 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 30 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 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
- 4,125 sq ft383 m²
- Street frontage
- 27.5 ft8.4 m
- Depth
- 150 ft45.7 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
- $5,755
- Total land transfer tax
- $5,755
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,755
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 $464,000
- $1,280
- Ontario total
- $5,755
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
- Woodfield French Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion77%Grade 6 average600 m
- East Carling Public SchoolThames Valley DSBPublic · grades JK–864%Grade 6 average1.3 km
- St Michael Separate SchoolLondon District Catholic School BoardCatholic · grades JK–882%Grade 6 average1.5 km
- Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–692%Grade 6 average2.5 km
SecondaryGrade 9 math 2024–25
- H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–1256%Grade 9 math750 m
- Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math900 m
- London Central Secondary SchoolThames Valley DSBPublic · grades 9–12 · French Immersion81%Grade 9 math1.1 km
- École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math2.4 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
$2,435
- Mortgage$2,117
- Property tax$318
A planning figure, not a quote.
Land transfer tax
$5,755
$1,755 for first-time buyers.
Rent, similar homes
$2,300
a month, median asking rent of 87 similar homes in London East.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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