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$499,900

Estimated value $475K–$525K

Est. $2,342/mo mortgage

3+1bd·2ba·1,100-1,500sqft

713 Railton Avenue · London East, N5V 4E2

MLS® X13720072

47 days on market47 days on market

Listed Aug 27, 2026

Listing courtesy of Real Broker Ontario LTD·Listing last changed Sep 21

Key facts

Property type
Detached
Square footage
1100-1500 sqft
Lot size
37.97 × 98.67 ft · < .50 acres
Age
31-50 years
Parking
2 spaces
Property tax
$3,252/yr (2025)

Description

Whether you're looking for your first home, an investment property, or more space to grow, this 3+1 bedroom, 2-bathroom bungalow offers a functional layout in a convenient East London location with quick access to Veterans Memorial Parkway and Highway 401. The main floor features a bright and welcoming living room with newly installed pot lights, a separate dining room, and a functional kitchen complete with brand-new appliances. Updated flooring in the living room, dining room, and kitchen adds a fresh touch to the main living areas, while three good-sized bedrooms and a 4-piece bathroom complete the main level. The finished lower level expands your living space with an oversized rec room, a fourth bedroom, and a 3-piece bathroom, offering plenty of flexibility for a growing family, overnight guests, a home office, or hobby space. A separate side entrance provides direct access to the basement, offering added convenience and future possibilities for buyers looking for a home with flexible living space. Outside, the good-sized backyard provides room to enjoy the outdoors, garden, or create the outdoor space you've been envisioning. Conveniently located close to schools, parks, shopping, and everyday amenities, with easy access for commuters, this home offers solid value, practical living space, and the opportunity to make it your own. If you've been searching for an affordable home with room to grow and future potential, this one deserves a closer look. Book your private showing today!

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Property details

Interior

Size
1100-1500 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Lower
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
31-50 years
Lot size
37.97 × 98.67 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Private (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$3,252/yr (2025)

Rooms

Main

Living Room
5.27 × 3.19 m
Dining Room
2.82 × 2.79 m
Bedroom 3
2.98 × 2.9 m
Primary Bedroom
3.56 × 3.34 m
Bedroom 2
3.19 × 3.07 m
Kitchen
4.73 × 2.63 m

Lower

Family Room
7.21 × 5.54 m
Other
3.36 × 2.65 m
Bedroom 4
3.34 × 2.69 m
Utility Room
3.94 × 3.78 m

Estimated value range

$475K–$525K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$271
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,967
Land transfer tax$6,473 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 27, 2026

On the market

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

Sold comparables nearby

26 Caprice Crescent, London EastSold

26 Caprice Crescent, London East

3 bd·2 ba·1,100-1,500 sqft
1811 WHITEHALL Drive, London EastSold

1811 WHITEHALL Drive, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$489,750

Sale-to-list ratio

97.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

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$2,449/mo median for 3 bed nearby

$2,449/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 36 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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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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