1512 Rushland Avenue
London East, N5V 1X5·MLS® X13417240·
Listing courtesy of Re/max West Realty INC.·Updated 4 days ago
Listing price
$555,000
Est. $2,643/mo
Days on market
Listed Jun 8, 2026
Description
Welcome to this well-maintained 3+3 bedroom detached bungalow located in one of London's most convenient and sought-after neighbourhoods. Just steps from Fanshawe College, this versatile and move-in-ready home offers exceptional space and flexibility for growing families, multi-generational living, or buyers seeking additional room to suit their lifestyle needs. Licensed rental unit with the City of London, this property provides added value and peace of mind. The bright main level features an open-concept layout with three generously sized bedrooms, stylish, carpet-free flooring throughout, and a functional design that is both modern and low-maintenance. Two full bathrooms, one on each level, provide convenience for larger households. The fully finished lower level features a separate entrance, a kitchen area, three additional bedrooms, a full bathroom, and large above-grade windows that fill the space with natural light. Whether used for extended family, guests, home office space, or recreational use, the lower level offers incredible versatility. Situated on a large lot, the property boasts a spacious backyard perfect for entertaining, gardening, or enjoying time outdoors with family and friends. A detached garage and extended private driveway provide ample parking for multiple vehicles. For added peace of mind, there are no rental items-all major components are fully owned. The location is hard to beat. Combining space, flexibility, and an unbeatable location, this is a fantastic opportunity to own a well-maintained home in a highly desirable area.
Property details
Garage
1 car Attached
Basement
Separate Entrance, Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,575
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$495,000
1548 Dale Street, London East
Sold$410,000
401 Salisbury Street, London East
See all 10 comparables
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Market conditions · East H
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
$2,220
Rental yield
4.8%
Est. cash flow
-$1,391
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$135,396
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$555,000
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