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For sale
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$415,000

Est. $1,944/mo mortgage

3bd·1ba·700-1,100sqft

1376 Kostis Avenue · London East, N5V 3E2

MLS® X13082986

143 days on market143 days on market

Listed May 5, 2026

Listing courtesy of Blue Forest Realty INC.·Updated Aug 13

Description

A rare chance to own a sizeable lot offering privacy and peaceful views. Tucked away on a quiet dead-end street and backing onto farmland with no rear neighbours, this 3-bedroom, 1-bathroom home sits on a generous 0.29-acre lot. With a functional layout, this home presents a great opportunity for buyers looking to add value and personalize a space to their own taste. This home features a detached garage, newer vinyl flooring throughout, and a brand new washer and dryer. Whether you're a first-time buyer or investor, this property offers plenty of potential.

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Property details

Interior

Size
700-1100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main
Basement
Crawl Space
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
58.13 × 217.53 ft
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Septic

Parking

Garage
1 car Detached
Parking
5 spaces

Fees & taxes

Property tax
$2,682/yr (2025)

AI property estimate

$485,000Estimate is ~16.9% above asking

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

$436,500$533,500

73% confidence · 36 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $2,530/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,944
Property tax$250
Insurance (est.)$86
Utilities (est.)$250
Total monthly$2,530
Land transfer tax$4,775 on closing

Ontario LTT

$4,775

First-time rebate

$4,000

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

Price & listing history

$415,000

Listed May 5, 2026

On the market

Sold comparables nearby

321 Simpson Crescent, London EastSold

321 Simpson Crescent, London East

3 bd·2 ba·700-1,100 sqft
5 BONAPARTE Lane, London EastSold

5 BONAPARTE Lane, London East

3 bd·3 ba·1,500-2,000 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 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$720,500

Sale-to-list ratio

97.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $104,000 household income

Minimum household income required

$104,000

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$2,449/mo median for 3 bed nearby

$2,449/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 17 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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