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38 Folkstone Court

London East, N5V 4Y3·MLS® X13670644

Listing courtesy of Blue Forest Realty INC.·Updated 3 hours ago

Listing price

$499,900

Est. $2,381/mo

Days on market

1

Listed Aug 13, 2026

For sale
1 / 43
3bd·2ba·700-1,100sqft

Description

Beautifully updated, this stunning 3 bedroom+ Den, 2 bathroom home combines exceptional curb appeal with stylish, modern finishes throughout. Step inside to a bright, renovated kitchen featuring sleek stainless steel appliances, a classic subway tile backsplash, and an abundance of cabinetry for all your storage needs. At the rear of the kitchen, a built-in storage area creates the perfect space for a cozy breakfast bar or casual dining nook.Just beyond the kitchen, the open-concept living and dining area is filled with natural light from large windows, creating a warm and inviting atmosphere that's ideal for both everyday living and entertaining guests.The upper level offers three generously sized bedrooms along with a beautifully appointed 3-piece bathroom. The lower level has been thoughtfully transformed into a spacious recreation room-perfect for family gatherings, a home theatre, or a play area-and is complemented by a second 3-piece bathroom for added convenience.A few steps down, the finished basement provides a versatile den that can easily serve as a home office, gym, or guest space, along with a dedicated laundry area.Completely carpet-free and finished in contemporary paint tones, this move-in-ready home offers comfort, style, and functionality in every room. Don't miss this incredible opportunity to make this beautiful home your own!

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Property details

Basement
Finished
Parking
2 spaces
Type
Semi-Detached — Backsplit 4
Heating
Forced Air
Property tax
$3,152/yr (2025)

AI property estimate

$477,747~4.4% below asking

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

$415,640$539,854

76% confidence · 36 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

Listed 2 times · asking price down 12% from the first ask

$499,900 12%

Listed Aug 13, 2026

On the market
$569,900

Listed May 1, 2025 · 114 days on market

Suspended

Aug 23, 2025

114 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

195 Martinet Avenue, London EastSold

$490,000

195 Martinet Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
16 Bowcott Crescent, London EastSold

$484,000

16 Bowcott 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

$489,475

Sale-to-list ratio

97.8%

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

$477,747

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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