$494,900
Est. $2,318/mo mortgage
224 CULVER Crescent · London East, N5V 3G7
MLS® X13529126
Listed Jul 6, 2026
Listing courtesy of Century 21 First Canadian Corp·Updated Aug 19
Description
Legally zoned duplex in a fantastic location, offering an excellent opportunity as an investment property or a lovely single-family home. Situated on a quiet, picturesque street lined with well-maintained homes, mature trees, and plenty of privacy, this property combines comfort with outstanding income potential. The exterior is beautifully maintained with attractive brick and siding. Currently occupied by cooperative month-to-month tenants, the buyer has the flexibility to continue the existing tenancies or request vacant possession, with a professional cleaning included. Inside, you'll find a bright, newly updated eat-in kitchen, durable laminate and ceramic flooring, and a spacious layout featuring 3+1 bedrooms and two modern bathrooms. The inviting family room offers a cozy gas fireplace, while the covered rear patio overlooks a private backyard-perfect for relaxing or entertaining. An ideal opportunity for first-time buyers looking to offset their mortgage with potential lower-level rental income, or for investors seeking a turnkey income property in a desirable neighbourhood. Conveniently located close to schools, including Fanshawe College, parks, shopping, public transit, and other everyday amenities. A wonderful family-friendly neighbourhood with exceptional value.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Lower
- Basement
- Partially Finished, Full
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 40 × 105 ft
- Exterior
- Vinyl Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Driveway
- Private (4 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,051/yr (2025)
Rooms
Main
- Bedroom
- 3.47 × 3.35 m
- Bedroom
- 3.04 × 3.04 m
- Bedroom
- 3.35 × 3.04 m
- Other
- 5.79 × 3.04 m
- Living Room
- 5.48 × 3.96 m
Lower
- Family Room, Fireplace
- 3.65 × 3.17 m
- Other
- 3.04 × 2.74 m
- Other
- 3.04 × 2.43 m
- Bedroom
- 3.35 × 3.04 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
74% confidence · 40 sold homes within 2 km, by price per sq ft
Monthly paymentest. $2,970/mo all in
Monthly payment estimate
Land transfer tax$6,373 on closing
Ontario LTT
$6,373
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 Jul 6, 2026
Sold comparables nearby
Sold$500,000
238 Starlight Avenue, London East
Sold$597,400
93 Goldwick Crescent, 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 96.7% of asking.
Avg. sold price
$502,483
Sale-to-list ratio
96.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $122,000 household income
Minimum household income required
$122,000
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$2,449/mo median for 3 bed nearby
$2,449/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 45 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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