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1512 Rushland Avenue

London East, N5V 1X5·MLS® X13417240·

Listing courtesy of Re/max West Realty INC.·Updated 4 days ago

For sale
1 / 31
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$555,000

Est. $2,643/mo

Days on market

6

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

$555,000At Market
$521,700$588,300

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)$2,643
Property tax$601
Insurance (est.)$116
Utilities (est.)$250
Total monthly$3,611

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

Jun 8, 2026Listed
$555,000

Sold comparables nearby

1548 Dale Street, London EastSold

$495,000

1548 Dale Street, London East

3 bd·2 ba·700-1,100 sqft
401 Salisbury Street, London EastSold

$410,000

401 Salisbury Street, London East

4 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East H

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

$2,220

Rental yield

4.8%

Est. cash flow

-$1,391

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

$135,396

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

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AI estimate

$555,000

At Market

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