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$539,000

Est. $2,525/mo mortgage

2bd·2ba·1,100-1,500sqft

716 Monsarrat Avenue · London East, N5Y 4M9

MLS® X13660804

46 days on market46 days on market

Listed Aug 11, 2026

Listing courtesy of Sutton Group - Select Realty·Updated 1 hour ago

Description

A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a partially covered deck wrapping around the rear of the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished lower level is a blank slate with large open concept area, 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, large deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment. Get in here quick so you can enjoy this backyard oasis this summer.

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Property details

Interior

Size
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Lower
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
60 × 121.5 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer
Pool
Above Ground

Parking

Parking
3 spaces

Fees & taxes

Property tax
$4,505/yr (2026)

Rooms

Main

Primary Bedroom
6.7 × 3.04 m
Bedroom 2
3.3 × 3.3 m
Kitchen
3.5 × 2.89 m
Dining Room
3.65 × 2.61 m
Living Room
4.57 × 3.5 m
Family Room
5.18 × 3.65 m

Lower

Recreation
6.75 × 5.41 m
Recreation
4.95 × 4.8 m

AI property estimate

$576,623Estimate is ~7.0% above asking

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

$518,961$634,285

73% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentest. $3,212/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,525
Property tax$325
Insurance (est.)$112
Utilities (est.)$250
Total monthly$3,212
Land transfer tax$7,255 on closing

Ontario LTT

$7,255

First-time rebate

−$4,000

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

Price & listing history

$539,000

Listed Aug 11, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

665 Tennent Avenue, London NorthSold

665 Tennent Avenue, London North

3 bd·4 ba·2,000-2,500 sqft
110 Thornton Avenue, London EastSold

110 Thornton Avenue, London East

3 bd·2 ba·1,100-1,500 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 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$591,200

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $133,000 household income

Minimum household income required

$133,000

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$1,800/mo median for 2 bed nearby

$1,800/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 45 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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