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$489,000

Est. $2,291/mo mortgage

3bd·1ba·1,100-1,500sqft

160 Wellesley Crescent · London East, N5V 1J7

MLS® X13652356

48 days on market48 days on market

Listed Aug 7, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated Aug 7

Description

Welcome home! Nestled on a quiet, family-friendly street, this charming 3-bedroom bungalow is the perfect place to start your next chapter. Whether you're a first-time buyer, downsizer, or investor, you'll appreciate the pride of ownership and the opportunity to make this well-cared-for home your own.Inside, you'll find a bright, functional layout with much of the home's original character beautifully preserved. Thoughtful updates have already been completed, including newer main-floor windows (2014), a new front door (2025), a newer roof, and a furnace and central air conditioning system replaced in 2013, allowing you to move in with confidence while adding your own personal touches over time.Step outside to a fully fenced backyard that's perfect for kids, pets, summer barbecues, or simply relaxing after a long day. The oversized insulated garage offers much more than just parking it's an ideal space for a workshop, hobby area, or extra storage.Located in a peaceful, established neighbourhood close to parks, schools, shopping, and everyday amenities, this home offers comfort, value, and endless potential. If you've been searching for an affordable home that's been lovingly maintained and is ready for its next owners, this bungalow is one you won't want to miss.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
8 rooms
Bathrooms
1 × 4-piece on Main
Basement
Full, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
54.13 × 100.26 ft
Exterior
Brick Veneer
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private Double (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$3,152/yr (2025)

Rooms

Main

Bedroom 2
3.05 × 2.39 m
Kitchen
4.17 × 2.93 m
Foyer
1.47 × 0.99 m
Bedroom 3
3.05 × 2.39 m
Primary Bedroom
3.48 × 2.92 m
Living Room
1.47 × 0.99 m

Basement

Recreation
3.58 × 3.47 m
Recreation
n/a
Recreation
10.98 × 3.5 m

AI property estimate

$570,000Estimate is ~16.6% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$513,000$627,000

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $2,937/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,291
Property tax$295
Insurance (est.)$102
Utilities (est.)$250
Total monthly$2,937
Land transfer tax$6,255 on closing

Ontario LTT

$6,255

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$489,000

Listed Aug 7, 2026

On the market

Sold comparables nearby

238 Starlight Avenue, London EastSold

238 Starlight Avenue, London East

2 bd·2 ba·700-1,100 sqft
618 Fieldgate Circle, London EastSold

618 Fieldgate Circle, London East

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$531,917

Sale-to-list ratio

95.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $121,000 household income

Minimum household income required

$121,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,375/mo median for 3 bed nearby

$2,375/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 36 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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