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321 Simpson Crescent

London East, N5V 2T7·MLS® X13665372

Listing courtesy of Exp Realty·Updated 4 hours ago

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Aug 12, 2026

For sale
1 / 38
3bd·2ba·1,500-2,000sqft·16–30 yearsold

Description

Location, location! Fully updated and situated on a quiet and charming crescent close to shopping, everyday amenities, and convenient highway access, this 3BDR 2BATH home reflects true pride of ownership and is ready for its next owners to move in and enjoy a beautifully finished, move-in-ready bungalow offering excellent curb appeal and a deceptively spacious layout. Ideal for first-time buyers, young families, or those looking to downsize and in law suite capability! The bright main level features updated flooring and lighting (2025) and a stylish kitchen complete with granite countertops, farm sink, stainless steel appliances Fridge (2025), subway tile backsplash, and a center island with deep storage drawers. Open concept dining/living/kitchen with a beautiful feature wall and fireplace . Lovely French doors at primary bedroom with walk in closet. Updated four-piece bathroom with deep walk-in soaker tub. The fully finished lower level provides even more living space, featuring an updated recreation room with pot lights, an updated three-piece bathroom, a spacious laundry and utility room, and plenty of additional storage. Lower flooring done in 2026. This versatile level is perfect for entertaining, relaxing, a home office, or creating space for overnight guests. Lots of storage. Outside, the fully fenced backyard has been newly landscaped and offers a private setting for children, pets, gardening, or summer gatherings. Stylish front porch, concrete walkway and backyard patio with a shed add to the outdoor appeal.

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Property details

Basement
Finished
Parking
3 spaces
Type
Detached — Bungalow-Raised
Heating
Forced Air
Property tax
$3,906/yr (2025)

AI property estimate

$732,681~46.6% above asking

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

$637,432$827,930

71% confidence · 34 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,381
Property tax$542
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,276
Land transfer taxOne-time, on closing

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

$499,900

Listed Aug 12, 2026

On the market

Sold comparables nearby

2003 Royal Crescent, London EastSold

$514,000

2003 Royal Crescent, London East

3 bd·2 ba·700-1,100 sqft
55 Jena Crescent, London EastSold

$470,000

55 Jena Crescent, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$639,833

Sale-to-list ratio

96.9%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$122,867

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

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AI estimate

$732,681

Above Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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