995 Lorne Ave is a 3-bedroom, 1-bathroom detached home in London, listed for $479,900. It has 1100-1500 sq ft of living space.
1The unfinished basement is another pleasant surprise, with tall ceilings, a dry interior, and loads of room for storage.
2Fully fenced, with a newer deck and pergola, it's a fantastic little space for summer BBQs, morning coffee, entertaining friends, or doing absolutely nothing at all.
3There's also parking for TWO vehicles, which is a pretty nice bonus in this neighbourhood.
Big on charm, full of personality, and hiding a backyard you're going to love! Welcome to 995 Lorne Avenue, a beautifully updated two-storey home in the heart of London's Old East Village, one of the city's most interesting neighbourhoods! Renovated in 2016, this home has all the character you'd expect from an older property, without the long list of projects that usually comes with one. The gorgeous kitchen is a real highlight, with plenty of room to cook, entertain, and spend time together. You'll also love the convenience of main floor laundry! Upstairs, you'll find 3 genuinely spacious bedrooms (because nobody wants a bedroom that barely fits a bed) and a full bathroom, with an additional powder room on the main floor. The unfinished basement is another pleasant surprise, with tall ceilings, a dry interior, and loads of room for storage. But let's talk about that BACKYARD! Fully fenced, with a newer deck and pergola, it's a fantastic little space for summer BBQs, morning coffee, entertaining friends, or doing absolutely nothing at all. It's private, it's adorable, and you might just forget you're in the middle of the city. There's also parking for TWO vehicles, which is a pretty nice bonus in this neighbourhood. And speaking of the neighbourhood, Old East Village has a personality all its own. Independent coffee shops, craft breweries, amazing restaurants, vintage shops, live music at Aeolian Hall, performances at the Palace Theatre, and the Western Fair Market are all close by. It's a neighbourhood full of interesting places, creative people, and small businesses worth supporting, all just minutes from downtown London. If you've been looking for an older home with great character, a beautiful kitchen, good-sized bedrooms, and a backyard you'll want to spend all summer in, you might have just found it. Come see for yourself!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $436 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 995 Lorne Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Full
Lot & land
Lot size (sqft)
0.051
Listing & possession
Property style
2-Storey
Property class
Detached
995 Lorne Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14129172$479,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 995 Lorne Ave Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,358
/mo
based on the purchase price of $479,900
$95,980 cash
$383,920 financed
$323,361 total interest
Principal54%$383,920
Interest46%$323,361
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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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.
Similar homes for sale nearby in London
Other 2–3 bed homes for sale in London around $480K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,459Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 2 – Jul 31, 2026: prices down.
Based on 1,737 sales from Jul 31 – Oct 29, 2026 (1,496 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 995 Lorne Ave
How much is 995 Lorne Ave listed for?
995 Lorne Ave is listed at $479,900 (MLS® X14129172). Summitly updates the price as soon as the MLS® record changes.
Is $479,900 a good price for 995 Lorne Ave?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 995 Lorne Ave changed?
No — 995 Lorne Ave is still listed at its original asking price of $479,900.
How many bedrooms and bathrooms does 995 Lorne Ave have?
995 Lorne Ave has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 995 Lorne Ave?
About $2,358 a month — principal and interest on $479,900 with 20% down ($95,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 995 Lorne Ave?
Yes — Saturday, October 31, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 995 Lorne Ave compare with other homes in London?
Its asking price of $479,900 is about 14% below the median sold price in London over the last 90 days, $560,000, across 1,737 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 995 Lorne Ave been sold before?
Summitly has no earlier MLS® sale or lease of 995 Lorne Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 995 Lorne Ave?
995 Lorne Ave is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 995 Lorne Ave been on the market?
995 Lorne Ave was listed today (October 29, 2026).
What is the price per square foot of 995 Lorne Ave?
About $320 to $436 per square foot: the asking price of $479,900 over the 1,100–1,500 sq ft the listing gives as its size range.
