771 Monsarrat Avenue
London East, N5Y 4Y3·MLS® X13233660·
Listing courtesy of Re/max Real Estate Centre INC.·Updated Jun 3
Listing price
$569,000
Est. $2,710/mo
Days on market
Listed Jun 3, 2026
Description
Welcome to this spacious and versatile 5-bedroom, 2-bathroom home, ideally located just minutes from Western University and Fanshawe College. Perfect for first-time buyers, investors, or growing families, this move-in-ready property offers plenty of living space in a quiet, family-friendly neighbourhood close to schools, parks, shopping, transit, and all essential amenities.The main level features a bright open-concept layout with a modern kitchen complete with stainless steel appliances, a breakfast bar, and seamless flow into the living and dining areas-ideal for everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms and a full bathroom.The lower levels provide exceptional flexibility, offering two additional bedrooms, a second family room, a home office, a full bathroom, and a laundry area with ample storage space. Whether you're looking for room to grow, work from home, or generate rental income, this home delivers outstanding value and functionality.Don't miss this fantastic opportunity in a highly convenient location!
Property details
Basement
Partially Finished, Separate Entrance
Parking
2 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,855
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$435,000
26 Apeldoorn Crescent, London East
Sold$643,000
996 Waterloo Street, London East
See all 10 comparables
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Market conditions · East A
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
$2,276
Rental yield
4.8%
Est. cash flow
-$1,419
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$138,578
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$546,240
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