For saleExcellent Deal

DuplexListed today

980 Lorne Ave, London

Name: 980 Lorne Avenue
SKU: X14101078
Price: 409000 CAD
Availability: InStock

London, ON · · MLS® X14101078Updated October 21, 2026

$409,000Est. $2,009/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 2000–2500sq ft
Parking spaces: 5

Type Duplex
Garage Yes
Basement Exposed Rock, Partial Basement

What you should know

980 Lorne Ave is a 5-bedroom, 3-bathroom duplex in London, listed for $409,000. It has 2000-2500 sq ft of living space.

Legal duplex detached double garage home with character, income potential & opportunity in east london.
Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential!
The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace.

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5 Bed, 3 Bath Duplex in London

About 980 Lorne Avenue

Legal duplex detached double garage home with character, income potential & opportunity in east london. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other .Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.

5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $205 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.

Inside 980 Lorne Ave

Every detail from the listing, in one place.

Type: Duplex
Style: 1 1/2 Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 5 spacesYes garage
Basement: Exposed Rock, Partial Basement

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 5

Interior

Basement: Exposed Rock · Partial Basement

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 1 1/2 Storey
Property class: Duplex

980 Lorne Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 21, 2026For saleListedThis listingMLS® X14101078$409,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 980 Lorne Ave Compares to the London Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 3,235 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

London market, last 90 days

Median sold price: $559,950
Average sold price: $609,837
Average days on market: 39
Homes sold: 1,800

Closed sales on the TRREB MLS®.

Full London market report

Recently sold nearby in London

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home980 Lorne Avenue 5 bd · 3 ba · 2,000 sqft	$409,000asking	$205	—	—
89 Heather Crescent 4 bd · 2 ba · 1,500 sqft
578 Waterloo Street 5 bd · 2 ba · 1,500 sqft
937 Colborne Street 5 bd · 2 ba · 1,500 sqft
324 Ridout Street 4 bd · 2 ba · 2,000 sqft
5 Edward Street 4 bd · 2 ba · 2,000 sqft
28 BEATTIE Avenue 4 bd · 2 ba · 1,500 sqft

89 Heather Crescent
4 bd · 2 ba · 1,500 sqft
578 Waterloo Street
5 bd · 2 ba · 1,500 sqft
937 Colborne Street
5 bd · 2 ba · 1,500 sqft
324 Ridout Street
4 bd · 2 ba · 2,000 sqft
5 Edward Street
4 bd · 2 ba · 2,000 sqft
28 BEATTIE Avenue
4 bd · 2 ba · 1,500 sqft

Living in London: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 980 Lorne Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 980 Lorne Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,009; 20% down · 25 years · 5.5% assumed
Property tax: $225; 0.66% mill rate · ON
Total per month: $2,234; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,009

/mo

based on the purchase price of $409,000

Down payment20%

$81,800 cash

Amortization25 yr

$327,200 financed

Rate5.50%

$275,588 total interest

Principal54%$327,200

Interest46%$275,588

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

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: SUTTON GROUP - SELECT REALTY, BrokerageMLS® X14101078 · Listing data last updated October 21, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.

For sale· listed Oct 20· $205/sq ft

Estimated monthly mortgage$2,009/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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