$524,999
For sale: Semi-Detached/Link

Welcome to 58 Oak Street, a beautiful 2012-built home offering the perfect blend of modern living in an established London neighbourhood. This bright, sun-filled property features a spacious open-concept layout with 3 bedrooms and 2.5 bathrooms, freshly painted throughout and completely ready for your personal touch. The main level welcomes you with an inviting eat-in kitchen, a formal dining area, a large living room, and a convenient 2-piece powder room. Upstairs, you will find three bedrooms and two full bathrooms, highlighted by a primary suite featuring functional his-and-hers closets and a private 4-piece ensuite. High-traffic areas showcase excellent updates, including new vinyl flooring (2024) and brand-new carpeting (2026).The lower level is currently partially finished and offers massive potential for future development or passive income, already equipped with builder rough-in plumbing for a kitchen and a bathroom to easily accommodate a rental apartment or an in-law suite. Outside, the property boasts a rare, premium 221-foot deep lot that backs directly onto a serene private ravine, providing a peaceful outdoor oasis with endless room for family gatherings, summer BBQs, and gardening. Complete peace of mind comes with major updates including a brand-new gas furnace (2025), an owned water heater, all appliances included, and a spacious double driveway with parking for four vehicles.Perfect for growing families, this convenient location is just a three-minute stroll from Trafalgar Public School (JK-8) and sits close to B. Davison and Clarke Road Secondary Schools. Nestled in a vibrant East London community, this home pairs a quiet ravine setting with the effortless convenience of nearby grocery stores, shopping, pharmacies, and quick transit routes for a straightforward daily commute. Combining modern functional updates, rare green space, and incredible rental income potential, this meticulously maintained property is an outstanding opportunity.
Sold data
Homes in East M took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 91 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $399,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 91 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East M) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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