$425,000
Est. $1,991/mo mortgage
1505 McLarenwood Terrace · London East, N5W 1X8
MLS® X13428630
Listed Jun 10, 2026
Listing courtesy of Royal Lepage Triland Realty·Updated 4 days ago
Description
This charming brick bungalow offers the perfect blend of comfort, functionality, and outdoor space. Situated on a generous lot backing onto green space, the property provides a peaceful setting with mature trees and plenty of privacy. Inside, you'll find 3 bedrooms on the main level, a bright open-concept kitchen and living area, and a fully finished basement that adds valuable living space for family gatherings, a den hobbies, loads of storage, a 3 piece bathroom and laundry. There is also a walkout for in law capability. The home also features a durable steel roof for long-term peace of mind. Outside, enjoy ample parking for up to four vehicles and the convenience of two large garden sheds, providing exceptional storage for tools, outdoor equipment, and seasonal items. The fully fenced yard with fire pit and horse shoe pit are the perfect fit for a family with kids or pets. Whether you're a first-time buyer, downsizer, or growing family, this home offers outstanding value in a desirable setting. Don't miss your opportunity to make it yours!
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Property details
Interior
- Size
- 700-1100 sqft
- Rooms
- 9 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Basement
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 50.13 × 154 ft
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Metal
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double (4 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,286/yr (2026)
Rooms
Main
- Bedroom 2, W/O To Patio
- 2.74 × 3.43 m
- Dining Room
- 1.9 × 3.6 m
- Primary Bedroom
- 2.48 × 4.43 m
- Bedroom 3
- 3.5 × 3.43 m
- Kitchen
- 2.85 × 2.49 m
- Living Room, Large Window
- 4.9 × 3.6 m
Basement
- Family Room
- 5.98 × 4.1 m
- Other
- 2.32 × 3.92 m
- Laundry
- 2.48 × 2.83 m
- Den
- 2.98 × 3.93 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
76% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,586/mo all in
Monthly payment estimate
Land transfer tax$4,975 on closing
Ontario LTT
$4,975
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jun 10, 2026
Sold comparables nearby
Sold$500,000
238 Starlight Avenue, London East
Sold$555,000
618 Fieldgate Circle, London East
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 94.5% of asking.
Avg. sold price
$416,667
Sale-to-list ratio
94.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $106,000 household income
Minimum household income required
$106,000
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$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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