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$499,900

Est. $2,342/mo mortgage

2bd·1ba·1,100-1,500sqft

114 Connaught Avenue · London East, N5Y 3A6

MLS® X13008570

160 days on market160 days on market

Listed Apr 16, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Aug 7

Description

Welcome to one of the newest houses in the neighborhood!! Built with 2x6 construction in 1998...this 2 Bed 1 Bath has the room and space you need. Open concept main floor with loads of natural light. Huge dinning room. A chef's style kitchen with island equipped with gas stove top. Brand New wall oven (2026). Large living room with double french doors leading to deck. Primary bedroom also has double french doors walking out to back deck.Large 2nd bedroom and a Brand New 4 piece Bathroom with free standing bath tub. Downstairs you will find a big common/games room with an even bigger family room for entertaining. Brand New carpet(2026). There is also a laundry, workshop, and a utility room in the lower level and could be easily converted into 2 more bedrooms due to the over sized windows for egress. Great curb appeal with a front deck and a double drive. Very private back deck. Back yard has stamped concrete pad with metal gazebo, wooden 10x16 foot shed, and a 7 foot privacy fence with 6x6 posts. Steel roof with 3/4 inch plywood installed (2017). Furnace and AC(2021). Close to schools and shopping and McCormick Park. Fanshawe College with-in walking distance. Great income property opportunity. Don't miss out!

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Property details

Interior

Interior
1100-1500 sqft
Rooms
11 rooms
Bathrooms
1 × 4-piece
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
40 × 115 ft
Exterior
Brick Front, Vinyl Siding
Foundation
Poured Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Parking
4 spaces

Fees & taxes

Property tax
$3,470/yr (2025)

Rooms

Main

Living Room
3.57 × 6.89 m
Primary Bedroom
3.35 × 3.9 m
Dining Room
3.15 × 4.04 m
Bedroom 2
3.35 × 3.09 m
Kitchen
3.56 × 4.51 m
Bathroom
3.35 × 2.79 m

Lower

Workshop
2.65 × 4.89 m
Utility Room
3.96 × 3.09 m
Family Room
7.02 × 5.48 m
Common Room
4.27 × 5.83 m
Laundry
1.17 × 3.09 m

AI property estimate

$489,706About at asking price

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$440,735$538,677

71% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$499,900

Listed Apr 16, 2026

On the market

Sold comparables nearby

479 Woodman Avenue, London EastSold

479 Woodman Avenue, London East

2 bd·1 ba·700-1,100 sqft
581 Hale Street, London EastSold

581 Hale Street, London East

2 bd·1 ba·< 700 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$413,917

Sale-to-list ratio

95.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$1,750/mo median for 2 bed nearby

$1,750/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 84 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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