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Homes for Sale in London, Ontario

289 Winnipeg Boulevard

London East, N5W 4V1·MLS® X13543740·

Listing courtesy of Re/max Advantage Realty LTD.·Updated 3 hours ago

For sale
1 / 39
2Beds
1Baths
700-1,100Sqft
51-99Year Built

Listing price

$449,900

Est. $2,143/mo

Days on market

1

Listed Jul 9, 2026

Description

Home ownership starts here. Whether you're buying your first home, downsizing, or simply looking for a well-maintained property in an established neighbourhood, this 2-bedroom brick bungalow offers the perfect blend of updates, functionality, and outdoor living. This home offers a bright, open-concept living area that's perfect for everyday living. The beautifully updated kitchen (2025) features soft-close cabinetry, pantry pull-outs, a double sink, gas stove, and an eating area that opens to the living room. A separate formal dining room provides the perfect space for family dinners or entertaining. Down the hall, you'll find two bedrooms and a bright 4-piece bathroom with a skylight that fills the space with natural light. The finished basement features a spacious rec room and a flexible multi-purpose room that can easily adapt to your lifestyle as a home office, playroom, or additional living space, plus a cold cellar for extra storage. The home also features a separate entrance to the basement, offering added flexibility. Step outside to your beautifully landscaped backyard - perfect for relaxing or entertaining. Unwind beside the tranquil fish pond or gather with family and friends in this peaceful outdoor retreat. The detached single-car garage is currently set up as a "Grotto" and includes hydro and a wood stove for heat, making it an excellent flex space for a workshop, studio, home gym, or hobby area. Located directly across from East Lions Community Centre, you'll enjoy convenient access to playgrounds, pickleball and tennis courts, basketball courts, indoor lap and leisure pools, activity spaces, a gymnasium, and more. This home is ready to welcome its next owners.

Property details

Garage

1 car Detached

Basement

Full, Partially Finished

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$437,500Below Market
$379,096$477,500

82% confidence · 32 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,143
Property tax$487
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,974

Land transfer tax

Ontario LTT

$5,473

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 9, 2026Listed
$449,900

Sold comparables nearby

47 Burslem Street, London EastSold

$425,000

47 Burslem Street, London East

2 bd·2 ba·700-1,100 sqft
1624 Leonard Street, London EastSold

$385,000

1624 Leonard Street, London East

3 bd·2 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East H

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

$1,800

Rental yield

4.8%

Est. cash flow

-$1,174

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

$111,531

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

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AI estimate

$437,500

Below Market

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