$539,000
Est. $2,525/mo mortgage
716 Monsarrat Avenue · London East, N5Y 4M9
MLS® X13660804
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
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
73% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $3,212/mo all in
Monthly payment estimate
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
Listed Aug 11, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold$751,000
665 Tennent Avenue, London North
Sold$616,000
110 Thornton Avenue, London East
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.
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.
Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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