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Homes for Sale in London, Ontario

2003 Royal Crescent

London East, N5V 1P1·MLS® X13537052·

Listing courtesy of Platinum Key Realty INC.·Updated 3 hours ago

For sale
1 / 22
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$534,900

Est. $2,548/mo

Days on market

1

Listed Jul 8, 2026

Description

Well-maintained bungalow situated on a corner lot with private driveway, offering 3+1 bedrooms and 2 full bathrooms. The main floor features an open-concept layout with a natural gas fireplace with tile surround, large picture window in the living room, and an updated kitchen complete with stone countertops, tile backsplash, gas cooktop, built-in oven, and stainless steel refrigerator and dishwasher. Three generously sized bedrooms and a renovated 4-piece bathroom complete the main level. The finished lower level includes a spacious family room, 3-piece bathroom, laundry area, and a kitchenette with bar sink. A separate walk-up entrance provides direct access to the backyard, offering flexibility for multigenerational living or extended family use. An additional finished room is currently being used as a bedroom. The backyard features a patio, deck, and hot tub, along with a shed/workshop with power and an additional garden shed for extra storage. Additional updates include central air conditioning (2022) and an owned water heater (2017).Conveniently located close to schools, parks, shopping, the Argyle Business Centre, and with easy access to Highway 401 for commuters.

Property details

Basement

Full, Finished

Parking

4 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$432,500Below Market
$363,288$495,000

81% confidence · 32 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,548
Property tax$579
Insurance (est.)$111
Utilities (est.)$250
Total monthly$3,488

Land transfer tax

Ontario LTT

$7,173

First-time rebate

$4,000

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

Price & listing history

Jul 8, 2026Listed
$534,900

Sold comparables nearby

639 Railton Avenue, London EastSold

$640,000

639 Railton Avenue, London East

3 bd·3 ba·2,000-2,500 sqft
153 Baffin Road, London EastSold

$470,000

153 Baffin Road, London East

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East I

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

$2,140

Rental yield

4.8%

Est. cash flow

-$1,348

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

$130,802

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

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AI estimate

$432,500

Below Market

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