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727 Queens Avenue

London East, N5W 3H4·MLS® X13210858·

Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated May 31

For sale
1 / 15
3Beds
1Baths
700-1,100Sqft
Year Built

Listing price

$454,000

Est. $2,162/mo

Days on market

17

Listed May 28, 2026

Description

Charming Ontario Cottage offered at $454,000! Spacious principal rooms featuring a large living room, formal dining room, and bright eat-in kitchen. Upper level offers 3 bedrooms while the finished lower level includes an additional bedroom, second kitchen, second bathroom, and separate entrance making it ideal for extended family, in-law setup, or potential income opportunity to help offset mortgage costs. Enjoy the private drive, patio area, and large fenced yard perfect for entertaining, children, or pets. Excellent opportunity for first-time buyers, investors, or families looking for flexible living space. Owner wants property sold - don't be shy, bring an offer! Seller may assist qualified buyers with financing. Now priced to sell!

Property details

Basement

Separate Entrance

Parking

2 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$458,540At Market
$431,300$485,780

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Argyle

London East, ON

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

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,162
Property tax$492
Insurance (est.)$95
Utilities (est.)$250
Total monthly$2,999

Land transfer tax

Ontario LTT

$5,555

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 28, 2026Listed
$454,000

Sold comparables nearby

26 Apeldoorn Crescent, London EastSold

$435,000

26 Apeldoorn Crescent, London East

2 bd·2 ba·1,100-1,500 sqft
706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East G

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

$1,816

Rental yield

4.8%

Est. cash flow

-$1,183

Cap rate

3.2%

Best time to sell

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

Affordability

Minimum household income required

$112,467

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

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AI estimate

$458,540

At Market

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