716 Monsarrat Avenue
London East, N5Y 4M9·MLS® X13458058·
Listing courtesy of Sutton Group - Select Realty·Updated 21 hours ago
Listing price
$599,000
Est. $2,853/mo
Days on market
Listed Jun 17, 2026
Description
A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a partially covered deck wrapping around the rear of the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished lower level is a blank slate with huge open concept area, 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, huge deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment. Get in here quick so you can enjoy this backyard oasis this summer.
Property details
Basement
Partially Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,455
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$685,000
4 Briarhill Place, London East
Sold$330,000
155 Gammage Street, London East
See all 10 comparables
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Market conditions · East A
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
$2,396
Rental yield
4.8%
Est. cash flow
-$1,481
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$145,380
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$575,040
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