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$449,900

Est. $2,108/mo mortgage

2bd·2ba·700-1,100sqft

521 Clarke Road · London East, N5V 2C9

MLS® X13411346

109 days on market109 days on market

Listed Jun 6, 2026

Listing courtesy of Legendary Mmax Realty·Updated Aug 15

Description

This impressive 4 level side split is a great place to start your family or to settle down for retirement. The main floor is set to impress with a flowing open concept living room and kitchen. Heading downstairs, you can cool off in the family room to avoid the hot day of summer. Create your own oasis in the 200+ foot deep yard and make this house your home. Updates include; 200 amp electrical panel and wiring 2014, bathrooms, kitchen, roof June 2020, closets, new flooring and paint in 2025. Spacious lower-level in-law suite with a separate entrance and a full kitchen, offering excellent rental potential to help offset mortgage costs. This versatile space is ideal for generating additional income or providing comfortable accommodations for extended family. Conveniently located close to Argyle Mall, Walmart, and major shopping centres, with easy access to everyday amenities, dining, and services. Lower level 1 Bed Room unit leased and provide vacant position.

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Property details

Interior

Interior
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Second, 1 × 3-piece on Lower
Basement
Finished, Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Semi-Detached, Other
Age
31-50 years
Lot size
33 × 206 ft
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Available (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$2,481/yr (2026)

Rooms

Main

Kitchen
3.65 × 2.74 m
Mud Room
4.72 × 2.43 m
Living Room
6.09 × 3.65 m

Upper

Bedroom 2
4.11 × 3.52 m
Bathroom, 3 Pc Bath
2.95 × 2.1 m
Bedroom
4.23 × 3.5 m

Lower

Bedroom
3.5 × 2.43 m
Bathroom, 3 Pc Bath
1.7 × 1.5 m
Common Room
6.01 × 3.5 m

Basement

Laundry
2.36 × 2.5 m
Family Room
7.21 × 3.5 m
Kitchen
3.36 × 3.5 m

AI property estimate

$378,796Estimate is ~15.8% below asking

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

$340,916$416,676

71% confidence · 31 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $2,723/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,108
Property tax$271
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,723
Land transfer tax$5,473 on closing

Ontario LTT

$5,473

First-time rebate

$4,000

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

Price & listing history

$449,900

Listed Jun 6, 2026

On the market

Sold comparables nearby

220 ADMIRAL Drive, London EastSold

220 ADMIRAL Drive, London East

3 bd·2 ba·700-1,100 sqft
1502 Beckworth Avenue, London EastSold

1502 Beckworth Avenue, 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 94.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$391,750

Sale-to-list ratio

94.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $112,000 household income

Minimum household income required

$112,000

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$1,698/mo median for 2 bed nearby

$1,698/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 34 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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