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186 Portsmouth Court

London East, N5V 4C8·MLS® X13116428·

Listing courtesy of Gale Group Realty Brokerage LTD·Updated May 12

For sale
1 / 43
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$579,900

Est. $2,762/mo

Days on market

33

Listed May 12, 2026

Description

Tucked away on a quiet cul-de-sac in a sought-after family friendly neighbourhood, this spacious 4-level backsplit offers the perfect blend of comfort, functionality, and room for every stage of family life. From the road where kids can bike and rollerblade with friends, to the large pie-shaped backyard designed for outdoor fun, this is a home where lasting memories are made. Inside, the bright and welcoming main level features a generous kitchen that opens to a large eating area - the ideal gathering space for busy mornings, homework time, or family dinners. The living room is filled with natural light and offers flexibility for both everyday living and formal entertaining, with plenty of space to incorporate a dining area if desired. Upstairs you'll find 3 comfortable bedrooms and a 4-piece bath, creating a practical layout for growing families. The lower level is built for connection and relaxation, featuring a massive family room with a cozy gas fireplace - perfect for family movie nights, cheering on the Jays, or hosting friends on game day. This level also includes a convenient 3-piece bath and dedicated space for a desk or home office setup for today's work-from-home lifestyle. The fourth level adds even more living space with a versatile recreation room that's perfect for mini sticks, toys, play space, or a teen hangout, along with laundry and ample storage. Step outside and enjoy your own backyard retreat featuring a large deck made for summer BBQs, a gazebo for relaxing in the shade, a hot tub to unwind at the end of the day, and a fully fenced yard with plenty of room for kids and pets to run and play. Located close to schools, parks, shopping, and everyday amenities, this is the complete family package in a location you'll love coming home to. Don't delay - come see this home today!

Property details

Basement

Finished

Parking

3 spaces

Type

Detached — Backsplit 4

Heating

Forced Air

AI property estimate

$597,877Above Market
$563,083$632,671

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,762
Property tax$628
Insurance (est.)$121
Utilities (est.)$250
Total monthly$3,761

Land transfer tax

Ontario LTT

$8,073

First-time rebate

$4,000

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

Price & listing history

May 12, 2026Listed
$579,900

Sold comparables nearby

121 Bow Street, London EastSold

$517,500

121 Bow Street, London East

3 bd·2 ba·700-1,100 sqft
583 Fieldgate Circle, London EastSold

$585,000

583 Fieldgate Circle, London East

3 bd·3 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East I

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$2,320

Rental yield

4.8%

Est. cash flow

-$1,441

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$141,043

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$597,877

Above Market

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