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55 Jena Crescent

London East, N5V 1L3·MLS® X13597916·

Listing courtesy of Sutton Group Preferred Realty INC.·Updated 3 hours ago

For sale
1 / 45
3Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Jul 23, 2026

Description

NICE BRICK BUNGALOW LOCATED ON A QUIET, MATURE STREET, SAFE NEIGHBOURHOOD, CLOSE TO BUS ROUTES, SCHOOLS AND SHOPPING. MANY POSSIBILITIES HERE FOR FIRST TIME HOME BUYERS, DOWN SIZERS OR INVESTMENT. VERSATILE HOME LAYOUT POTENTIAL FOR LOWER IN-LAW SUITE. 3 BEDROOMS AND LARGE LIVING ROOM ON MAIN WITH NEW CARPET, FRESHLY PAINTED THROUGHOUT, 4PC BATH, EAT IN KITCHEN AND DINING AREA (CORION COUNTER TOPS) COMPLETES THE MAIN FLOOR. SIDE ENTRY DOOR LEADS DIRECTLY TO LOWER LEVEL WITH, LARGE REC ROOM HAS 2 WINDOWS COULD BE PARTLY BE CONVERTED TO A BEDROOM, OTHER ROOM WITH NEW LAMINATE FLOORING COULD BE OFFICE/ WORK OUT ROOM OR PLAYROOM. SOLID OAK WET BAR WITH SMALL BAR FRIG INCLUDED. NICE SPOT TO ENTERTAIN. SEPARATE LAUNDRY ROOM IN LOWER, AND UTILITY ROOM FOR STORAGE. THE EXTERIOR OF THE HOME IS NICELY LANDSCAPED, FENCED BACK YARD WITH NICE SIZE SHED AND CONCRETE PATIO. LONG CONCRETE DRIVE WAY IN GREAT CONDITION WITH PRESSED CONCRETE SIDEWALK TO FRONT DOOR. THIS HOME HAS BEEN WELL CARED FOR, AND SEEN MANY UPDATES OVER THE YEARS. JUST MOVE IN AND ADD YOUR PERSONAL TOUCHES. QUICK CLOSING AVAILABLE.

Property details

Basement

Full

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$460,000Below Market
$378,796$495,000

76% confidence · 34 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East I

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276

Land transfer tax

Ontario LTT

$6,473

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 23, 2026Listed
$499,900

Sold comparables nearby

409 Hudson Drive, London EastSold

$460,000

409 Hudson Drive, London East

3 bd·2 ba·700-1,100 sqft
1948 Royal Crescent, London EastSold

$462,500

1948 Royal Crescent, London East

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East I

Buyer's marketBalancedSeller's market

Avg. sold price

$494,167

Sale-to-list ratio

97.5%

Based on 6 recent comparable sales near this home.

Investment analysis

Est. monthly rent

$2,000

Rental yield

4.8%

Est. cash flow

-$1,276

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

$122,867

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

Not sure about financing? Ask Colin

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AI estimate

$460,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Real Estate Agent

519-859-4579 · colinabbot@gmail.com

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