587 Lambton Street

East B, London, N5Y 4G1
FOR SALE
$864,900
587 Lambton Street, London
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
587 Lambton Street
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
X13798490
MLSID
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Property Description
LOCATED AT ADELAIDE / LAMBTON, HIGH TRAFFIC COUNT WITH EXCELLENT COMMERCIAL/RESIDENTIAL USE. Unique freehold mixed-use opportunity in a great London location! This versatile property offers a combination of commercial space, residential income and additional living flexibility, all on one property. The upper level features a bright 2-bedroom apartment with a full 4-piece bathroom, updated kitchen finishes and refinished hardwood floors, currently rented and providing immediate income. The main floor offers flexible office space with two separate office/flex areas, a kitchenette and 2-piece bathroom, making it ideal for a business owner or professional office. Finished basement offering additional living space with an existing kitchen area and plumbing in place, providing potential for future use. Basement has not been rented in many years. Buyer to verify continued use. Situated on a property with 8 on-site parking spaces accessible off of Lambton Street, this building offers exceptional flexibility for an owner-user, investor or entrepreneur looking to combine residential and commercial uses. Additional updates include a metal roof and eavestroughs (2020/21), two owned hot water tanks (2020), newer front door, dedicated bell fibre optic line and various updates throughout the home. The property is equipped with two furnaces, with one serving the main and lower levels and the other dedicated to the upper-level apartment. Double-brick construction with additional insulation provides excellent sound separation, making the interior remarkably quiet. Zoned OC5/R2-2, offering a range of permitted uses. A rare opportunity to own a flexible mixed-use property with multiple potential revenue streams.
Property Features
Public Transit, School, Water Heater Owned
Property Details
Address
587 Lambton Street
Community
City
Postal Code
N5Y 4G1
Property Type
Detached, Detached
Zoning
OC5 R2-2
Lot Size
49' x 144'
Taxes
$10,144 (2026
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
None
Listing contracted with Re/Max Centre City Realty Inc.
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BEDS
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BATHS
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$749,000
FOR SALE
Welcome to this beautifully maintained detached home by Mapleton Homes, nestled in Fox Hollow, one of North London's most sought-after, family-friendly communities! Featuring a modern exterior and an impressive double-door main entrance, this home offers a wonderful blend of style, comfort, and functionality. The bright, open-concept main floor seamlessly connects the kitchen, dining area, and great room, creating an inviting space for everyday living and entertaining. Enjoy gleaming hardwood floors, elegant pot lighting, and a cozy gas fireplace. The chef-inspired kitchen features granite countertops, a large centre island, stainless steel appliances, and a walk-in pantry. The furnace was replaced in 2024. Additional features include a heat pump, water softener, and water purification system. Oak staircase railings lead upstairs to three well-sized bedrooms and two full bathrooms. The spacious primary retreat features a large walk-in closet and a spa-inspired ensuite complete with a jacuzzi tub, glass-enclosed walk-in shower, and double-sink vanity with granite countertops. The double-car garage also features built-in storage, providing valuable additional space for organization. The basement is equipped with a sump pump for added peace of mind. Ideally situated near neighbourhood parks, scenic walking trails, everyday amenities, and established schools, including Sir Arthur Currie Public School, reported to have an impressive 8.8/10 rating. Enjoy the convenience of a desirable school option within this sought-after North London community. Flexible possession available. A fantastic opportunity to own a beautiful family home in Fox Hollow - don't miss out!
1583 Applerock Avenue, London
3
BEDS
3
BATHS
$744,900
FOR SALE
Don't miss!!! Shows well!! High Demand location! Newer 3 bedroom 2 storey with double garage located in Northwest London. Great layout featuring an open concept main level. Large kitchen with lots of cabinets, pantry, island & eating area with door to deck & fenced backyard. Inside entry to large garage. Second level features a large master with a luxury ensuite with oversized shower, 2 additional bedrooms, 2nd full bathroom & laundry conveniently close to the bedrooms. The basement is unfinished & spacious with potential to add more living space. Large double driveway fits 4 cars & more. Convenient location close to all amenities.
2206 Southport Crescent, London
3
BEDS
3
BATHS
$739,999
FOR SALE
Welcome to this exceptional move-in-ready home in one of London's most desirable and fast-growing family-friendly communities! Designed for modern living, this bright and spacious home features an open-concept layout, sun-filled living and dining areas, a functional and modern kitchen, and generously sized bedrooms that offer comfort for the whole family. The **full unfinished basement** presents an incredible opportunity to create your dream recreation space, home gym, or **potential legal secondary suite** (subject to municipal approvals), making it an excellent option for future rental income or multi-generational living. Step outside to a private backyard that's perfect for summer BBQs, entertaining, or simply relaxing. Ideally located just minutes from **Costco**, top-rated schools, parks, playgrounds, walking trails, shopping centres, restaurants, public transit, and everyday conveniences, with quick access to **Highway 401** for an easy commute. Whether you're a first-time home buyer, a growing family, or an investor looking for long-term value, this property offers the perfect blend of location, lifestyle, and future potential. **Don't miss this rare opportunity to own a beautiful home in a prime London location-
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