$374,900
Est. $1,756/mo mortgage
322 Mornington Avenue · London East, N5Y 3C1
MLS® X13532202
Listed Jul 7, 2026
Listing courtesy of Revel Realty INC.·Updated Jul 7
Description
Welcome to this charming 3-bedroom, 1-bathroom bungalow, offering an excellent opportunity for first-time home buyers, investors, or those looking to downsize. Ideally situated in the sought-after Carling Heights neighbourhood, this home is just minutes from the vibrant Old East Village and conveniently close to restaurants, parks, schools (including Fanshawe College just 3.5 km away), shopping, public transit, and the Carling Heights Optimist Community Centre.The bright and functional main floor features a spacious living room and an open-concept kitchen that's ideal for everyday living and entertaining. Three comfortable bedrooms, a full bathroom, and a convenient rear mudroom with main-floor laundry complete the layout.The lower level offers impressive ceiling height for a home of this era and provides excellent potential to create additional living space, a recreation room, workshop, or storage to suit your needs.Whether you're looking for your first home, a solid investment property, or a comfortable place to simplify your lifestyle, this well-located bungalow is full of potential and ready for your personal touch.
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Property details
Interior
- Interior
- 700-1100 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 3-piece on Main
- Basement
- Development Potential
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 100+ years
- Lot size
- 29.33 × 87 ft
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 1 spaces
Fees & taxes
- Property tax
- $2,448/yr (2026)
Rooms
Main
- Laundry
- 3.09 × 2.89 m
- Bedroom 2
- 2.89 × 2.74 m
- Living Room
- 4.5 × 3.2 m
- Bedroom 3
- 2.69 × 2.36 m
- Primary Bedroom
- 3.05 × 3.05 m
- Kitchen
- 4.15 × 3.17 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
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $2,310/mo all in
Monthly payment estimate
Land transfer tax$4,099 on closing
Ontario LTT
$4,099
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 7, 2026
Sold comparables nearby
Sold$465,000
367 Maitland Street, London East
Sold$380,000
479 Woodman Avenue, 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 97% of asking.
Avg. sold price
$441,450
Sale-to-list ratio
97%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $94,000 household income
Minimum household income required
$94,000
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$2,348/mo median for 3 bed nearby
$2,348/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 66 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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