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
Listing price
$534,900
Est. $2,548/mo
Days on market
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
81% confidence · 32 sold homes within 2 km, by price per sq ft
Monthly payment estimate
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
Sold comparables nearby
Sold$640,000
639 Railton Avenue, London East
Sold$470,000
153 Baffin Road, London East
See all 10 comparables
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Market conditions · East I
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
Affordability
Minimum household income required
$130,802
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$432,500
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