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$450,000

Est. $2,108/mo mortgage

3bd·2ba·700-1,100sqft

386 Mornington Avenue · London East, N5Y 3C6

MLS® X13799572

2 days on market

Listed Sep 17, 2026

Listing courtesy of Oliver & Associates Katie White Real Estate Brokerage INC.·Updated 21 hours ago

Description

Your opportunity to enjoy the charm of Old East Village! Amazing location, central to major shopping plazas, transit, schools, parks and rec, restaurants, highway access and more. This 1.5 storey home has lovely curb appeal. Modern interior with recent updates throughout. Bright Living Room with large windows and pot lighting. Glass doors lead open to the formal Dining Room. Bright white Kitchen with beautiful quartz countertops, tile backsplash, stainless steel appliances, and patio door. Convenient guest bathroom finishes the main level. Upstairs, you will find 3 Bedrooms and a full Bathroom, complete with soaker tub. Outdoors, enjoy the private backyard with plenty of shade from mature trees. The two-tiered deck is perfect for relaxing or entertaining guests. This home is move-in-ready and could be yours!

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Property details

Interior

Interior
700-1100 sqft
Rooms
6 rooms
Bathrooms
1 × 2-piece on Main, 1 × 3-piece on Second
Basement
Full, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
51-99 years
Lot size
30 × 120 ft · < .50 acres
Exterior
Vinyl Siding
Foundation
Block
Roof
Shingles
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$2,364/yr (2025)

AI property estimate

$390,000Estimate is ~13.3% below asking

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

$351,000$429,000

75% 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. $2,723/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,108
Property tax$271
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,723
Land transfer tax$5,475 on closing

Ontario LTT

$5,475

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 2% from the first ask

$450,000 2%

Listed Sep 17, 2026

On the market
$459,900

Listed Aug 18, 2026 · 30 days on market

Taken off the market

Sep 17, 2026

30 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

820.5 Maitland Street, London EastSold

$400,000

820.5 Maitland Street, London East

2 bd·1 ba·700-1,100 sqft
681 Brant Street, London EastSold

$595,000

681 Brant Street, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$446,333

Sale-to-list ratio

95.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $112,000 household income

Minimum household income required

$112,000

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$2,323/mo median for 3 bed nearby

$2,323/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 68 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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