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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    463 King Street

    East K·London East, ON·N6B 1S8·Near Maitland Street

    • 2 beds
    London East real estate›X13453650
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
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      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    This detached mixed-use building offers approximately 1,200 sq. ft. of commercial office space on the main floor and a spacious 1,000 sq. ft. two-bedroom residential apartment on the second level. Thoughtfully and fully renovated with permits, the property has been restored with careful attention to preserving the character and charm of the original century building. Heritage features such as beautiful stained-glass accents and hardwood flooring have been retained and enhanced, while major building systems have been comprehensively upgraded, including plumbing, electrical, and fire separation, providing peace of mind for owners and tenants alike. This building is a turnkey opportunity for investors or owner-occupiers. The upper residential unit is currently tenanted, providing immediate rental income, while the main floor commercial space is leased until October 2026, offering future flexibility for an owner-user or new tenant. Ideally located within walking distance of public transit, restaurants, shops, and downtown amenities, the property also features ample on-site parking-a rare and highly desirable convenience in the downtown core. Whether you're looking to expand your investment portfolio, operate your business on the main floor while generating rental income from the residential unit above, or secure a well-maintained mixed-use asset with long-term upside, this property presents an exceptional opportunity.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 16, 2026Previously listedNew$675,000 —X13453584View
    Jun 16, 2026ListedCurrentFor sale$675,000 —X13453650This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 463 King Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Library
    • Park
    • Place Of Worship
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,316
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $350
    0.62% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $461,222
      Last 30 days
    • Median sold price
      $460,000
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      404
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 463 King Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 463 King Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 463 King Street listed for?

      463 King Street is listed at $675,000 on the MLS® (listing X13453650). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 463 King Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 2000-2500 sqft
  3. Detached
  4. Built 100+
  5. Asking
    $675,000
    $0 / sqft · MLS® X13453650
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $336,692
    $309,757Confidence range$363,627
    Asking vs estimate
    ↑↑well-above
    +$338,308
    (+100.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 31 days — this one has been listed 2 days.

    Avg sold price
    $461,222
    Median sold
    $460,000
    Avg days on market
    31
    Recently sold
    404
    See comparable sales
    • This detached mixed-use building offers approximately 1,200 sq. ft. of commercial office space on the main floor and a spacious 1,000 sq. ft. two-bedroom residential apartment on the second level.
    • Thoughtfully and fully renovated with permits, the property has been restored with careful attention to preserving the character and charm of the original century building.
    • The upper residential unit is currently tenanted, providing immediate rental income, while the main floor commercial space is leased until October 2026, offering future flexibility for an owner-user or new tenant.
    • Ideally located within walking distance of public transit, restaurants, shops, and downtown amenities, the property also features ample on-site parking-a rare and highly desirable convenience in the downtown core.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    5
    Driveway
    Private Double
  8. Interior

    5
    Basement
    Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Upper Level
  9. Exterior & construction

    5
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Brick
    View
    Downtown
    Pool
    None
  10. Lot & land

    2
    Year built
    100+
    Zoning
    OS
  11. Listing & possession

    3
    Possession
    2026-10-01T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 4 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Second level

    4 rooms
    • Primary Bedroom
      13.6 × 10.1 ft
    • Bedroom 2
      12.0 × 12.0 ft
    • Living Room
      12.0 × 12.2 ft
    • Kitchen
      18.1 × 7.9 ft
  13. School
  14. Combined estimate
    $3,666
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,316
    /mo
    based on the purchase price of $675,000
    $135,000 cash
    $540,000 financed
    $454,822 total interest
    Monthly payment$3,316/ month
    Principal54%$540,000
    Interest46%$454,822

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 12 Mayfair Drive
      Sold
      Sign in for price
      12 Mayfair Drive
      Detached
    • 231 Taylor Street
      Sold
      Sign in for price
      231 Taylor Street
      Detached
    • 708 Norwood Avenue
      Sold
      Sign in for price
      708 Norwood Avenue
      Detached
    • 75 Stevenson Avenue
      Sold
      Sign in for price
      75 Stevenson Avenue
      Detached
    • 1668 Hamilton Road
      Sold
      Sign in for price
      1668 Hamilton Road
      Detached
    • 73 Queenston Crescent
      Sold
      Sign in for price
      73 Queenston Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    463 King StreetThis home2 / 220,002,500$675,000ask———
    12 Mayfair Drive3 / 32,000—
    231 Taylor Street3 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in London East

    Active listings within ±20% of this asking price.

    • 716 Monsarrat Avenue
      $599,000
      716 Monsarrat Avenue
      Detached 2 2
    • 277 Short Avenue
      $605,000
      277 Short Avenue
      Detached 3 2
    • 1678 BLACKMAPLE Crescent
      $679,900
      1678 BLACKMAPLE Crescent
      Detached 3 4
    • 1519 Howland Avenue
      $549,000
      1519 Howland Avenue
      Detached 3 2
    • 452 Merlin Street
      $549,900
      452 Merlin Street
      Detached 2 2
    • 31 Cartwright Street
      $699,900
      31 Cartwright Street
      Detached 4 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of REAL BROKER ONTARIO LTD · displayed on Summitly per MLS® data-share rules

    463 King Street is a 2-bedroom, 2-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 463 King Street built?

    463 King Street was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  20. What is the property tax for 463 King Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 463 King Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 463 King Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $675,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 463 King Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 463 King Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 463 King Street in?

    463 King Street is in East K, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  24. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 708 Norwood Avenue
    2 / 2
    700
    —
    75 Stevenson Avenue2 / 21,100—
    1668 Hamilton Road4 / 2700—
    73 Queenston Crescent2 / 2700—