464-466 Third Street
About this property
Attention Investors, first-time home buyers and flippers - this is the kind of opportunity that doesn't come around often. Sitting on nearly half an acre in East London and zoned R5-3, this property is loaded with redevelopment potential. Whether you're looking to intensify, build, or hold for future growth, the zoning and oversized lot offer a wide range of possibilities. In the meantime, you're getting two homes for the price of one. The main residence features 3 bedrooms and a spacious family room with vaulted ceilings and 4-pc bath. Heated with a gas furnace. The second home offers electric baseboard heating 2 bedrooms, 3pc bath, a living room, dining area, and kitchen - perfect for rental income, multi-generational living, or added flexibility. This property also presents a great flip opportunity or an ideal option for a handy first-time buyer looking to break into the market and build equity. Located close to Fanshawe College, the Gibraltar Trade Centre, public transit, and major amenities. Plenty of on-site parking.
Features & finishes
Property details
| MLS® Number | X13079030 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 2,000 sq ft |
| Beds / Baths | 5 bed · 2 bath |
| Neighbourhood | East H |
| City | London East |
| Postal Code | N5V 2B9 |
| Province | ON |
| Listed Date | May 4, 2026 |
| Days on Market | 94 |
| Price per Sq Ft | $230 |
| Brokerage | BLUE FOREST REALTY INC. |
Location
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