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716 Monsarrat Avenue

London East, N5Y 4M9·MLS® X13458058·

Listing courtesy of Sutton Group - Select Realty·Updated 21 hours ago

For sale
1 / 29
2Beds
2Baths
1,100-1,500Sqft
51-99Year Built

Listing price

$599,000

Est. $2,853/mo

Days on market

3

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

$575,040Below Market
$539,100$610,980

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,853
Property tax$649
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,877

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

Jun 17, 2026Listed
$599,000

Sold comparables nearby

4 Briarhill Place, London EastSold

$685,000

4 Briarhill Place, London East

3 bd·2 ba·1,100-1,500 sqft
155 Gammage Street, London EastSold

$330,000

155 Gammage Street, London East

2 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East A

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

$2,396

Rental yield

4.8%

Est. cash flow

-$1,481

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

$145,380

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

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AI estimate

$575,040

Below Market

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