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Homes for Sale in London, Ontario

1948 Royal Crescent

London East, N5V 1N7·MLS® X13537062·

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

For sale
1 / 20
3Beds
2Baths
1,100-1,500Sqft
Year Built

Listing price

$479,900

Est. $2,286/mo

Days on market

1

Listed Jul 8, 2026

Description

Spacious bungalow with a separate entrance, enclosed sunroom, and versatile lower level in a convenient East London location. This 3+1 bedroom, 2 bathroom bungalow offers approx 1,112 sq. ft. on the main level and is situated on a large 53' x 120' lot. The main floor features a bright living room with hardwood flooring, an eat-in kitchen, three bedrooms, and a 4-piece bathroom. An enclosed sunroom overlooks the backyard, providing additional living space to enjoy throughout the seasons. The basement has a separate walk-up entrance and offers excellent flexibility with a large rec room, additional living area, kitchenette, 3-piece bathroom, laundry room, and a bonus room currently used as a bedroom. Ideal for extended family or guests. Durable metal roof with a transferable warranty. The backyard includes a mature garden with fruit trees. The existing carport could easily be converted back to a covered parking space if desired. Conveniently located close to Argyle Mall, shopping, restaurants, public transit, parks, schools, and Argyle Arena and gives easy access to the 401.

Property details

Garage

1 car Carport

Basement

Full, Finished

Parking

4 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$621,111Above Market
$514,778$715,000

81% confidence · 31 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,286
Property tax$520
Insurance (est.)$100
Utilities (est.)$250
Total monthly$3,156

Land transfer tax

Ontario LTT

$6,073

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
$479,900

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

$1,920

Rental yield

4.8%

Est. cash flow

-$1,236

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

$118,332

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

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AI estimate

$621,111

Above Market

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