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Homes for Sale in London, Ontario

11 Cornell Crescent

London East, N5V 1N2·MLS® X13556266·

Listing courtesy of Century 21 First Canadian Corp·Updated 6 hours ago

For sale
1 / 28
2Beds
1Baths
1,100-1,500Sqft
Year Built

Listing price

$474,900

Est. $2,262/mo

Days on market

1

Listed Jul 13, 2026

Description

Welcome to this spacious bungalow nestled on a quiet crescent in East London, offering minimal through traffic and a peaceful setting. Originally designed as a three-bedroom home,the main floor has been thoughtfully reconfigured into a two-bedroom layout, creating generously sized bedrooms while maintaining a functional and inviting floor plan.With approximately 1,337 sq. ft. of finished living space on the main level-larger than many bungalows in the neighbourhood-this home features a well-planned addition that provides a bright dining area just off the kitchen, complete with beautiful views of the private backyard.Convenience is enhanced with main floor laundry, a large driveway, and an attached single-car garage.The lower level has been professionally waterproofed and offers an excellent opportunity to expand your living space, with an unfinished layout ready for your personal design and finishing touches. Outside, enjoy the fully fenced backyard with no rear neighbours, offering exceptional privacy and a tranquil backdrop of mature trees. A charming covered front porch provides the perfect place to relax and enjoy the peaceful surroundings.Additional highlights include an owned water heater and a location close to schools, parks,shopping, and other everyday amenities. A fantastic opportunity to own a spacious bungalow in a quiet, family-friendly neighbourhood.

Property details

Garage

1 car Attached

Basement

Full

Parking

5 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$597,506Above Market
$501,667$686,653

80% 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)$2,262
Property tax$514
Insurance (est.)$99
Utilities (est.)$250
Total monthly$3,125

Land transfer tax

Ontario LTT

$5,973

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 13, 2026Listed
$474,900

Sold comparables nearby

9 Bonaparte Lane, London EastSold

$558,000

9 Bonaparte Lane, London East

3 bd·2 ba·1,100-1,500 sqft
639 Railton Avenue, London EastSold

$640,000

639 Railton Avenue, London East

3 bd·3 ba·2,000-2,500 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

$1,900

Rental yield

4.8%

Est. cash flow

-$1,225

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

$117,199

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

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AI estimate

$597,506

Above Market

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