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56 Classic Crescent

London East, N5W 5T8·MLS® X13667490

Listing courtesy of Exp Realty·Updated 3 hours ago

Listing price

$619,000

Est. $2,948/mo

Days on market

1

Listed Aug 12, 2026

For sale
1 / 35
3bd·2ba·1,100-1,500sqft·31–50 yearsold

Description

Thoughtfully updated and move-in ready, this versatile east London home offers a rare combination of warmth, flexibility, and multi-generational appeal in a quiet, established neighbourhood. The open-concept main floor feels immediately welcoming with fresh paint throughout the main floor and bedrooms completed within the last two years, a stunning dining area chandelier that blends old-world charm with modern styling, and an upstairs washer and dryer for everyday convenience. The full basement off the side entrance is where this property truly sets itself apart. No expense was spared in the 2025 transformation of the bathroom, featuring a glass shower, upgraded vanity, crystal light fixtures, a sleek modern toilet, and vinyl flooring. A kitchenette area, full bathroom, and additional room create a lower level that functions beautifully as a private space for extended family, adult children, a university student, or guests, with thoughtful separation between levels allowing for comfort and independence on both floors. The heated and insulated garage adds exceptional year-round utility, complemented by a metal roof on the home for long-term durability. Key updates include a brand new furnace (2026), metal roof believed to be 2018, and garage roof 2022. Outside, a peaceful backyard water feature with a small pond creates a genuinely calming retreat. Minutes to Highway 401, Veterans Memorial Parkway, Argyle Mall, Walmart, Canadian Tire, restaurants, schools, and parks. A home that grows with you.

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Property details

Garage
2 car Detached
Basement
Finished, Full
Parking
7 spaces
Type
Detached — Backsplit 4
Heating
Forced Air
Property tax
$3,965/yr (2025)

AI property estimate

$630,500About at asking price

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

$548,535$712,465

72% confidence · 27 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)$2,948
Property tax$671
Insurance (est.)$129
Utilities (est.)$250
Total monthly$3,998
Land transfer taxOne-time, on closing

Ontario LTT

$8,855

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 5 times · asking price down 12% from the first ask

$619,000 1%

Listed Aug 12, 2026

On the market
$625,000 2%

Listed Jul 9, 2026

On the market
$639,000 2%

Listed May 29, 2026 · 41 days on market

Taken off the market

Jul 9, 2026

$649,999 7%

Listed Jun 20, 2025 · 34 days on market

Taken off the market

Jul 24, 2025

$699,999

Listed Mar 20, 2025 · 34 days on market

Taken off the market

Apr 23, 2025

109 days on the market in total across 5 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

256 Tweedsmuir Avenue, London EastSold

$400,000

256 Tweedsmuir Avenue, London East

3 bd·2 ba·700-1,100 sqft
604 Talltree Crescent, London EastSold

$535,000

604 Talltree Crescent, London East

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

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

Avg. sold price

$505,500

Sale-to-list ratio

96.5%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$149,914

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

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AI estimate

$630,500

At Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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