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$259,900

Est. $1,218/mo mortgage

2bd·2ba·900-999sqft

71D Wellesley Crescent #D · London East, N5V 1J6

MLS® X13166892

123 days on market123 days on market

Listed May 23, 2026

Listing courtesy of Re/max Real Estate Centre INC.·Updated Aug 31

Description

This functional 2-storey townhome offers the perfect blend of space, convenience, and low-maintenance living, making it an ideal property for first-time buyers, downsizers, or savvy investors. Inside, you'll find a bright and open living room with a large window to let the sunshine in, 2 bedrooms and 2 full bathrooms, plus a finished basement that's ready for a home office, gym, media room, or playroom. Outside, your fenced back patio is the perfect spot to enjoy morning coffee, summer entertaining with friends and family, or simply relaxing in your own space. Location is everything, and this one delivers. Walk to schools, grocery stores, and nearby plazas featuring shops, restaurants, and your favourite coffee spots. Public transit is just steps away, and commuters will love being less than 15 minutes from Highway 401. Whether you're buying your first home, simplifying your lifestyle, or adding to your portfolio, this townhouse checks all the boxes.

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Property details

Interior

Interior
900-999 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Full, Finished
Heating
Baseboard
Cooling
None
Laundry
N

Building & lot

Type
Condo Townhouse, 2-Storey
Age
51-99 years
Exterior
Vinyl Siding, Brick
Roof
Asphalt Shingle
Storeys
1
Exposure
North

Parking

Parking
1 spaces
Locker
None

Fees & taxes

Condo fee
$330/mo
Fee includes
parking
Pets
Yes-with Restrictions
Property tax
$1,676/yr (2025)
Corporation
LCM 49
Managed by
G3 Property Solutions

AI property estimate

$288,699Estimate is ~11.1% above asking

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

$259,829$317,569

82% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $2,008/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,218
Property tax$157
Insurance (est.)$54
Utilities (est.)$250
Condo fee$330
Total monthly$2,008
Land transfer tax$2,374 on closing

Ontario LTT

$2,374

First-time rebate

$2,374

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

Price & listing history

$259,900

Listed May 23, 2026

On the market

Sold comparables nearby

74 - 1990 WAVELL Street, London EastSold

74 - 1990 WAVELL Street, London East

3 bd·2 ba·1,600-1,799 sqft
10 - 1919 Trafalgar Street, London EastSold

10 - 1919 Trafalgar Street, London East

2 bd·2 ba·700-799 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 96% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$319,150

Sale-to-list ratio

96%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $67,000 household income

Minimum household income required

$67,000

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$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 23 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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