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$399,900

Est. $1,873/mo mortgage

3bd·1ba·1,100-1,500sqft

97 Chesley Avenue · London East, N5Z 2C3

MLS® X13789542

1 day on market

Listed Sep 16, 2026

Listing courtesy of Universal Corporation Of Canada (realty) Ltd., Brokerage·Updated 2 hours ago

Description

Beautiful 3 bedroom, 1 bathroom home on 51' frontage with spacious rooms, lovely patio, and large garage (29'x24' interior) in quiet east London neighbourhood located just 7km from the 401 at Highbury Ave. Furnace installed in 2021, electrical panel updated in 2021, garage has concrete floor with rough-ins.

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Property details

Interior

Interior
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
51 × 150 ft
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Detached
Driveway
Private (6 spaces)
Parking
8 spaces

Fees & taxes

Property tax
$3,034/yr (2026)

AI property estimate

$455,000Estimate is ~13.8% above asking

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

$409,500$500,500

71% confidence · 40 sold homes within 2 km, by price per sq ft

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. $2,447/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,873
Property tax$241
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,447
Land transfer tax$4,474 on closing

Ontario LTT

$4,474

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 5% from the first ask

$399,900 5%

Listed Sep 16, 2026

On the market
$419,900

Listed Jul 27, 2026 · 50 days on market

Taken off the market

Sep 15, 2026

50 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

45 TREVITHEN Street, London SouthSold

$439,000

45 TREVITHEN Street, London South

2 bd·1 ba·700-1,100 sqft
176 Renfro Crescent, London SouthSold

$420,000

176 Renfro Crescent, London South

3 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in London East

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 99.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$385,167

Sale-to-list ratio

99.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $100,000 household income

Minimum household income required

$100,000

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$2,200/mo median for 3 bed nearby

$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 59 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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