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$525,000

Est. $2,460/mo mortgage

3bd·2ba·1,100-1,500sqft

1863 Herbert Avenue · London East, N5V 2C6

MLS® X13132302

132 days on market132 days on market

Listed May 15, 2026

Listing courtesy of Real Broker Ontario LTD·Updated 4 days ago

Description

Tucked at the end of a quiet dead-end street in a friendly East London pocket, this oversized bungalow offers a rare mix of space, privacy, and a truly unique lot. Set beside green space, the property stretches beyond the fenced backyard, where a natural creek runs through the rear portion of the land-adding an extra layer of character and separation. Inside, you'll find three well-proportioned bedrooms, a bright and inviting living room, and a functional eat-in kitchen with plenty of room for casual meals and family gatherings. The layout is comfortable and practical, with great flow and clear potential to update or tailor the space over time. The outdoor space is a standout. Both the front and backyard have been thoughtfully landscaped and maintained, creating a welcoming first impression and a backyard that's ready to enjoy. The fenced yard offers usable space for kids or pets, while the extended lot beyond gives you that extra breathing room that's increasingly hard to find. Lovingly cared for by the same family since the 1958, this home reflects decades of pride of ownership. Add in wonderful neighbours and a peaceful street with minimal traffic, and you've got a setting that just feels like the perfect place to raise your family.Opportunities like this-oversized lots, quiet streets, and homes with a story-don't come up often. Take a closer look and imagine what comes next. Some photos have been virtually staged, items may not be to scale.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
8 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
55.1 × 198 ft · < .50 acres
Exterior
Brick
Foundation
Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,370/yr (2025)

Rooms

Main

Primary Bedroom
3.43 × 3.43 m
Bedroom 2
3.43 × 2.93 m
Kitchen, Combined w/Dining
7.08 × 4.68 m
Bedroom 3
3.8 × 3.44 m
Living Room, Fireplace
4.55 × 3.53 m

Basement

Family Room
7.67 × 3.35 m
Bedroom 4
3.84 × 3.6 m
Other
7.62 × 2.21 m
Laundry
3 × 2.16 m
Other
2.55 × 2.41 m
Other
3.89 × 2.61 m

AI property estimate

$575,640Estimate is ~9.6% above asking

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

$518,076$633,204

72% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $3,135/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,460
Property tax$316
Insurance (est.)$109
Utilities (est.)$250
Total monthly$3,135
Land transfer tax$6,975 on closing

Ontario LTT

$6,975

First-time rebate

$4,000

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

Price & listing history

$525,000

Listed May 15, 2026

On the market

Sold comparables nearby

238 Starlight Avenue, London EastSold

238 Starlight Avenue, London East

2 bd·2 ba·700-1,100 sqft
190 Vancouver Street, London EastSold

190 Vancouver Street, London East

3 bd·1 ba·1,100-1,500 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 97.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$497,050

Sale-to-list ratio

97.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $130,000 household income

Minimum household income required

$130,000

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$2,350/mo median for 3 bed nearby

$2,350/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 47 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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