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$499,900

Est. $2,342/mo mortgage

2bd·2ba·700-1,100sqft

1975 Royal Crescent · London East, N5V 1N6

MLS® X13790130

3 days on market

Listed Sep 16, 2026

Listing courtesy of Blue Forest Realty INC.·Updated 2 days ago

Description

PRICED BELOW MARKET VALUE! Welcome to 1975 Royal Crescent, a beautifully maintained bungalow located in a mature East London neighbourhood and strategically listed at $499,900 to attract motivated buyers. Offering exceptional versatility and pride of ownership throughout, this home provides plenty of space for everyday living with excellent potential for multi-generational living or a future in-law setup. The bright main floor features an updated kitchen with rich cabinetry, elegant countertops, stainless steel appliances. Flexible layout provides options for a dining area if desired. The convenient main floor laundry could also be converted back into a bedroom, adding even more flexibility. The updated 3 piece bathroom features a modern curved glass shower. Downstairs, the fully finished lower level significantly expands the living space with a cozy gas fireplace, built in desk and dry bar area, additional bedroom, den or home office and full bathroom, ideal for extended family, guests, teens or future in law potential. Outside is where this home truly stands apart. The beautifully landscaped backyard is designed for relaxing and entertaining with a concrete stone patio, pergola, hot tub, fire pit and shed. Additional highlights include a detached insulated garage, concrete circular driveway with metal fencing, 50 year metal roof and Centennial windows. Enjoy convenient access to the Argyle Business Centre, shopping, restaurants, parks, schools, public transit and Highway 401. A detached bungalow with finished living space, a garage, an incredible backyard and so much versatility. Book your private showing and see the opportunity for yourself! OFFERS PRESENTED WEDNESDAY, SEPTEMBER 23 AT 6:00 PM. Seller reserves the right to review pre-emptive offers.

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Property details

Interior

Interior
700-1100 sqft
Rooms
3 rooms
Bathrooms
1 × 4-piece on Main, 1 × 5-piece on Basement
Basement
Separate Entrance, Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
78.06 × 87 ft · < .50 acres
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Metal
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (3 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,336/yr (2025)

Rooms

Main

Bathroom, 4 Pc Bath
2.39 × 2.59 m
Living Room
6.21 × 3.67 m
Laundry
2.97 × 2.59 m
Bedroom 2
2.82 × 3.44 m
Primary Bedroom
3.39 × 4.51 m
Kitchen, B/I Appliances
3.57 × 3.44 m

Basement

Den
4.41 × 2.48 m
Bedroom 3
3.42 × 3.44 m
Utility Room
3.12 × 3.38 m
Family Room, fireplace, dry bar
7.23 × 3.44 m
Bathroom, 5 Pc Bath
3.02 × 2.46 m

AI property estimate

$431,364Estimate is ~13.7% below asking

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

$388,228$474,500

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
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

Listed 7 times · asking price down 21% from the first ask

$499,900 14%

Listed Sep 16, 2026

On the market
$578,900 0%

Listed Jul 31, 2026 · 35 days on market

Taken off the market

Sep 4, 2026

$579,900 2%

Listed Jun 2, 2026 · 58 days on market

Taken off the market

Jul 30, 2026

$589,900 2%

Listed Apr 22, 2026 · 41 days on market

Taken off the market

Jun 2, 2026

$599,900 2%

Listed Mar 13, 2026 · 40 days on market

Taken off the market

Apr 22, 2026

$615,000 2%

Listed Oct 2, 2025 · 90 days on market

Listing expired

Dec 31, 2025

$629,900

Listed Jun 2, 2025 · 121 days on market

Taken off the market

Oct 1, 2025

385 days on the market in total across 7 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

1840 MARCONI Boulevard, London EastSold

$532,500

1840 MARCONI Boulevard, London East

2 bd·2 ba·700-1,100 sqft
321 Simpson Crescent, London EastSold

$485,000

321 Simpson Crescent, London East

3 bd·2 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 99.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$501,167

Sale-to-list ratio

99.3%

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$1,800/mo median for 2 bed nearby

$1,800/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 28 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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