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47 Burslem Street

London East, N5W 2V6·MLS® X13473318·

Listing courtesy of Re/max A-b Realty LTD Brokerage·Updated 4 hours ago

For sale
1 / 44
2Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$447,500

Est. $2,131/mo

Days on market

1

Listed Jun 22, 2026

Description

Welcome to this charming and beautifully updated 2-bedroom bungalow with a versatile den and 2 full bathrooms, offering the perfect blend of character and modern convenience. The bright, open-concept main living area creates an inviting space for everyday living and entertaining, while the stunning newly renovated kitchen (2026) serves as the heart of the home. The finished basement, renovated in 2015, provides additional living space ideal for a family room, home office, or guest accommodations.Enjoy peace of mind with roof shingles replaced in 2021. Step outside to a fully fenced, private backyard-perfect for relaxing, gardening, or entertaining family and friends. A private driveway offers parking for up to three vehicles, adding convenience to this exceptional property.Whether you're a first-time buyer, downsizing, or looking for a move-in-ready home with timeless charm, this delightful bungalow is sure to impress. Don't miss your opportunity to make it yours!

Property details

Basement

Full, Finished

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$436,313Below Market
$409,463$463,163

82% confidence · 8 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)$2,131
Property tax$485
Insurance (est.)$93
Utilities (est.)$250
Total monthly$2,959

Land transfer tax

Ontario LTT

$5,425

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 22, 2026Listed
$447,500

Sold comparables nearby

332 Manitoba Street, London EastSold

$430,000

332 Manitoba Street, London East

3 bd·2 ba·700-1,100 sqft
75 Stevenson Avenue, London EastSold

$522,000

75 Stevenson Avenue, London East

2 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East N

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

$1,790

Rental yield

4.8%

Est. cash flow

-$1,169

Cap rate

3.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$110,967

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

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AI estimate

$436,313

Below Market

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