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$699,000

Est. $3,275/mo mortgage

3+2bd·3ba·1,500-2,000sqft

37 Laurentian Drive · London East, N5W 1N8

MLS® X13678708

46 days on market46 days on market

Listed Aug 15, 2026

Listing courtesy of Century 21 Property Zone Realty INC.·Updated Aug 15

Description

Welcome to this beautifully maintained all-brick bungalow in the highly sought-after Fairmontneighbourhood! Featuring **3 spacious bedrooms on the main level** and a **fully finished2-bedroom lower-level suite with a separate entrance**, this home offers exceptionalversatility for families, multi-generational living, or investors seeking excellent incomepotential.The bright and functional main floor boasts an open-concept living and dining area, hardwoodflooring throughout most of the level, and a beautifully renovated kitchen (2021) with whitecabinetry, granite countertops, and ceramic flooring. A spacious rear family room with a cozygas fireplace and large windows creates the perfect space for relaxing or entertaining. Theoversized primary bedroom includes a private ensuite, a rare feature for homes in thisestablished neighbourhood.The lower level offers a separate entrance, full kitchen, spacious living area, **2 bedrooms**,and a full bathroom-ideal as an in-law suite or mortgage helper.Step outside to a beautifully landscaped, fully fenced backyard complete with a tranquil fishpond and a walkout deck featuring composite decking and glass railings. Additional highlightsinclude a steel roof, an attached single-car garage, and an oversized concrete driveway withparking for up to 5 vehicles.Conveniently located close to parks, schools, shopping, public transit, and with quick accessto Highway 401, this move-in-ready home combines comfort, functionality, and outstanding value.A fantastic opportunity you won't want to miss!

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Property details

Interior

Size
1500-2000 sqft
Bedrooms
3 above grade, 2 lower level
Rooms
10 rooms
Bathrooms
1 × 5-piece on Main, 1 × 4-piece on Main, 1 × 3-piece on Basement
Basement
Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
30.49 × 137.04 ft
Exterior
Brick
Foundation
Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,292/yr (2025)

AI property estimate

$636,954Estimate is ~8.9% below asking

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

$573,259$700,649

72% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East →

London East, ON

Monthly paymentest. $4,092/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,275
Property tax$421
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,092
Land transfer tax$10,455 on closing

Ontario LTT

$10,455

First-time rebate

−$4,000

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

Price & listing history

$699,000

Listed Aug 15, 2026

On the market

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

Sold comparables nearby

178 East Street, London EastSold

178 East Street, London East

2 bd·2 ba·1,100-1,500 sqft
228 Highbury Avenue, London EastSold

228 Highbury Avenue, London East

2 bd·2 ba·700-1,100 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

$469,500

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $171,000 household income

Minimum household income required

$171,000

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$2,300/mo median for 3 bed nearby

$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 47 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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