Homes for Sale in London, Ontario
1627 Mardell Street
London East, N5V 1X3·MLS® X13552652·
Listing courtesy of Revel Realty INC.·Updated 15 hours ago
Listing price
$549,900
Est. $2,619/mo
Days on market
Listed Jul 11, 2026
Description
Tucked away on a quiet street in a well-established neighbourhood, this beautifully maintained home offers the perfect balance of privacy, comfort, and convenience, with Fanshawe College, shopping, restaurants, and everyday amenities just minutes away. From the moment you arrive, the pride of ownership is unmistakable, creating an immediate sense that this is a home that has been genuinely cared for. The bright, open kitchen is the heart of the home, offering generous workspace, abundant cabinetry, and a sunny dining area where mornings begin with coffee and evenings naturally linger over dinner. A sliding patio door extends your living space outdoors, making entertaining effortless. The main level offers comfortable living, while the oversized bathroom provides a spa-like retreat with a relaxing jetted tub and separate shower. Downstairs, the finished lower level offers exceptional flexibility, ready to become a recreation room, home office, gym, media room, or whatever best suits your lifestyle. The true showpiece, however, is the backyard. Wonderfully private and designed to be enjoyed, it offers your own personal summer escape. Imagine afternoons spent cooling off in the sparkling pool, weekend barbecues with friends, or quiet evenings unwinding poolside after a long day. The patio creates the perfect setting for outdoor dining and entertaining, while the charming shed keeps pool and yard essentials neatly tucked away and houses premium Hayward pool equipment. Completing the package is a durable steel roof, providing added peace of mind for years to come. This is the kind of home where summer becomes your favourite season-and where every day feels just a little more like a getaway.
Property details
Basement
Full, Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
79% confidence · 27 sold homes within 2 km, by price per sq ft
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$610,000
1239 Addison Drive, London East
Sold$425,000
47 Burslem Street, London East
See all 10 comparables
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Market conditions · East H
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
$2,200
Rental yield
4.8%
Est. cash flow
-$1,380
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$134,241
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$400,000
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