56 Classic Crescent
London East, N5W 5T8·MLS® X13213656·
Listing courtesy of Exp Realty·Updated Jun 1
Listing price
$639,000
Est. $3,043/mo
Days on market
Listed May 29, 2026
Description
Thoughtfully updated and move-in ready, this versatile east London home offers a rare combination of warmth, flexibility, and multi-generational appeal in a quiet, established neighbourhood. The open-concept main floor feels immediately welcoming with fresh paint throughout the main floor and bedrooms completed within the last two years, a stunning dining area chandelier that blends old-world charm with modern styling, and an upstairs washer and dryer for everyday convenience. The full basement off the side entrance is where this property truly sets itself apart. No expense was spared in the 2025 transformation of the bathroom, featuring a glass shower, upgraded vanity, crystal light fixtures, a sleek modern toilet, and vinyl flooring. A kitchenette area, full bathroom, and additional room create a lower level that functions beautifully as a private space for extended family, adult children, a university student, or guests, with thoughtful separation between levels allowing for comfort and independence on both floors. The heated and insulated garage adds exceptional year-round utility, complemented by a metal roof on the home for long-term durability. Key updates include a brand new furnace (2026), metal roof believed to be 2018, and garage roof 2022. Outside, a peaceful backyard water feature with a small pond creates a genuinely calming retreat. Minutes to Highway 401, Veterans Memorial Parkway, Argyle Mall, Walmart, Canadian Tire, restaurants, schools, and parks. A home that grows with you.
Property details
Garage
2 car Detached
Basement
Finished, Full
Parking
7 spaces
Type
Detached — Backsplit 4
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,255
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$420,000
227 Ellsworth Avenue, London East
Sold$446,000
172 Hale Street, London East
See all 10 comparables
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Market conditions · East P
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
$2,556
Rental yield
4.8%
Est. cash flow
-$1,563
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$154,449
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$613,440
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