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1512 Rushland Avenue

London East, N5V 1X5·MLS® X13756358

Listing courtesy of Re/max West Realty INC.·Updated yesterday

Listing price

$509,000

Est. $2,424/mo

Days on market

3

Listed Sep 8, 2026

For sale
1 / 31
3bd·2ba·1,100-1,500sqft

Description

Welcome to this well-maintained 3+3 bedroom detached bungalow located in one of London's most convenient and sought-after neighborhoods. Just steps from Fanshawe College, this versatile and move-in-ready home offers exceptional space and flexibility for growing families, multi-generational living, or buyers seeking additional room to suit their lifestyle needs. Licensed rental unit with the City of London, this property provides added value and peace of mind. The bright main level features an open-concept layout with three generously sized bedrooms, stylish, carpet-free flooring throughout, and a functional design that is both modern and low-maintenance. Two full bathrooms, one on each level, provide convenience for larger households. The fully finished lower level features a separate entrance, a kitchen area, three additional bedrooms, a full bathroom, and large above-grade windows that fill the space with natural light. Whether used for extended family, guests, home office space, or recreational use, the lower level offers incredible versatility. Situated on a large lot, the property boasts a spacious backyard perfect for entertaining, gardening, or enjoying time outdoors with family and friends. A detached garage and extended private driveway provide ample parking for multiple vehicles. For added peace of mind, there are no rental items-all major components are fully owned. The location is hard to beat. Combining space, flexibility, and an unbeatable location, this is a fantastic opportunity to own a well-maintained home in a highly desirable area.

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Property details

Type
Duplex, Bungalow
Lot size
56.12 × 135.89 ft
Interior
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Basement
Basement
Separate Entrance, Finished
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding, Brick
Foundation
Other
Roof
Other
Water & sewer
Sewer
Garage
1 car Attached
Driveway
Private (3 spaces)
Parking
4 spaces
Property tax
$5,110/yr (2026)

Rooms

Main

Bedroom, hardwood floor, closet, window
2.77 × 3.43 m
Bedroom 2, hardwood floor, closet, window
3.48 × 2.84 m
Bedroom 3, hardwood floor, closet, window
3.48 × 2.82 m
Living Room, open concept, window, overlooks frontyard
8.7 × 6.5 m
Kitchen, stainless steel appl, window, ceramic floor
3.28 × 2.82 m
Dining Room, hardwood floor, window, combined w/living
6.5 × 8.7 m

Basement

Bedroom 3, window, closet, ceramic floor
3.2 × 2.74 m
Bedroom, window, closet, ceramic floor
3.3 × 3.3 m
Kitchen, open concept, window, ceramic floor
4.37 × 3.48 m
Bedroom, window, closet, ceramic floor
3.25 × 3.4 m

AI property estimate

$449,900Estimate is ~11.6% below asking

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

$404,910$494,890

62% confidence · 11 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Argyle

London East, ON

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

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,424
Property tax$551
Insurance (est.)$106
Utilities (est.)$250
Total monthly$3,332
Land transfer taxOne-time, on closing

Ontario LTT

$6,655

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 3 times · asking price down 7% from the first ask

$509,000 8%

Listed Sep 8, 2026

On the market
$555,000 1%

Listed Jun 8, 2026 · 92 days on market

Taken off the market

Sep 8, 2026

$549,900

Listed May 5, 2025 · 59 days on market

Taken off the market

Jul 3, 2025

151 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

1185 Albany Street, London EastSold

$385,000

1185 Albany Street, London East

4 bd·3 ba·1,500-2,000 sqft
321 Spruce Street, London EastSold

$543,000

321 Spruce Street, London East

3 bd·3 ba·1,500-2,000 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

$457,150

Sale-to-list ratio

96.7%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$133,000

Based on 20% down, a 7.24% qualifying rate (the 5.24% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

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AI estimate

$449,900

Priced above estimate
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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