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396 Avondale Road

London East, N5W 5B7·MLS® X13599920·

Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago

For sale
1 / 24
2Beds
1Baths
700-1,100Sqft
51-99Year Built

Listing price

$424,900

Est. $2,024/mo

Days on market

2

Listed Jul 23, 2026

Description

Bright, Affordable, Charming Turn-Key 2 Bedroom (with Potential for a 3rd Bedroom), 1 Bathroom on a Private 40 X 123 Foot Lot with Parking for 3 Cars. Main Floor Includes Living Room, Large Eat-In Kitchen with Fridge, Stove, Bonus Dishwasher, Microwave, Plus Separate Dining Room that would make a Great 3rd Bedroom or Home Office, 2 Bedrooms and Nicely Updated 4 Piece Bathroom. Electric Wiring has been Professionally Updated throughout with a Modern Electrical Panel. R2-3 (Duplex) Zoning provides additional possibilities as the Side Door has Direct Access to the Basement. Lower Level provides Excellent Ceiling Clearance for the Recreation Room, Utility Room, Large Bright Laundry Room (with Washer & Dryer) and Bonus Utility Sink, as well as a Generous Workshop / Storage Area. The Private Treed Pet-Friendly Backyard has 3 Storage Sheds, Garden Areas and Your Very Own Outdoor Fireplace! Walking Distance to Shopping and Transit Anywhere in the City!

Property details

Basement

Partially Finished

Parking

3 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$430,000At Market
$367,200$495,000

79% confidence · 28 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East H

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,024
Property tax$460
Insurance (est.)$89
Utilities (est.)$250
Total monthly$2,823

Land transfer tax

Ontario LTT

$4,973

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 23, 2026Listed
$424,900

Sold comparables nearby

1695 Culver Drive, London EastSold

$505,000

1695 Culver Drive, London East

3 bd·2 ba·700-1,100 sqft
289 Winnipeg Boulevard, London EastSold

$460,000

289 Winnipeg Boulevard, London East

2 bd·1 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

$466,750

Sale-to-list ratio

98.1%

Based on 6 recent comparable sales near this home.

Investment analysis

Est. monthly rent

$1,700

Rental yield

4.8%

Est. cash flow

-$1,123

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$105,862

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

$430,000

At 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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