1947 Royal Crescent
London East, N5V 1N6·MLS® X13418428·
Listing courtesy of Platinum Key Realty INC.·Updated 2 days ago
Listing price
$497,500
Est. $2,369/mo
Days on market
Listed Jun 9, 2026
Description
Located in a mature neighbourhood, this well-maintained bungalow offers comfortable living with convenient access to everyday amenities. Featuring 3 bedrooms, 1 full bathroom, an attached garage with workshop space The main floor includes a spacious living room with a large picture window, a formal dining room with built-in shelving, and a functional kitchen equipped with a gas stove. Hardwood flooring extends through the living room, dining room, and all three bedrooms. The unfinished lower level provides excellent potential for additional living space, storage, or recreation areas, with a bathroom rough-in ready for future development. At the rear of the home, a versatile lean-to room offers options for use as a sunroom, three-season room, additional seating area, or extra storage space. Located close to the Argyle Business Centre, shopping, restaurants, parks, schools, and public transit, with convenient access to Highway 401.
Property details
Garage
1 car Attached
Basement
Full, Unfinished
Parking
5 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,425
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$572,000
1853 Royal Crescent, London East
Sold$435,000
315 Simpson Crescent, London East
See all 10 comparables
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Market conditions · East I
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
$1,990
Rental yield
4.8%
Est. cash flow
-$1,272
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$122,341
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$485,063
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