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203 Merlin Crescent

London East, N5W 5A2·MLS® X13761028

Listing courtesy of Forest Hill Real Estate INC.·Updated 2 hours ago

Listing price

$550,000

Est. $2,620/mo

Days on market

1

Listed Sep 9, 2026

For sale
1 / 46
4bd·2ba·700-1,100sqft·51 to 99 yearsold

Description

Beautifully renovated 2+2-bedroom, 2-bath bungalow on the Eastside with ample parking and close to shopping, schools, and parks. The large, open-concept kitchen, renovated in 2021, features gorgeous stone countertops and connects seamlessly to the living and dining areas, with updated lighting throughout. The main floor includes 2 spacious bedrooms and a full bath. Outside, there's a hot tub, an above-ground pool, and a fire pit, perfect for relaxing and entertaining. A sizeable 14'X26' detached garage adds convenience. The property has a side entrance and walk-up basement access, ideal for an in-law suite setup! The large, bright basement boasts two bedrooms, a full bath and plumbing is roughed in for a second kitchen. There's plenty of storage throughout the home. New A/C, furnace, and insulation were installed in 2021. Nothing to do here-just move in and enjoy!

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Property details

Type
Detached, Bungalow
Age
51-99 years
Lot size
50 × 145 ft
Interior
700-1100 sqft
Rooms
10 rooms
Bathrooms
1 × 4-piece, 1 × 3-piece
Basement
Finished, Walk-Up, Separate Entrance
Heating
Forced Air
Cooling
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Pool
Above Ground
Garage
1 car Detached
Driveway
Private Double (4 spaces)
Parking
5 spaces
Property tax
$3,353/yr (2025)

AI property estimate

$470,000Estimate is ~14.5% below asking

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

$423,000$517,000

73% confidence · 32 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)$2,620
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580
Land transfer taxOne-time, on closing

Ontario LTT

$7,475

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 3% from the first ask

$550,000 3%

Listed Sep 9, 2026

On the market
$568,000

Listed Jul 25, 2026

On the market

Sold comparables nearby

12 Shepherd Avenue, London EastSold

$614,000

12 Shepherd Avenue, London East

3 bd·3 ba·1,100-1,500 sqft
5 BONAPARTE Lane, London EastSold

$600,000

5 BONAPARTE Lane, 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

$542,917

Sale-to-list ratio

98.1%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$144,000

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

$470,000

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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