$599,900
Est. $2,810/mo mortgage
438 Magnolia Crescent · London East, N5Y 4S9
MLS® X13804168
Listed Sep 18, 2026
Listing courtesy of Royal Lepage Triland Realty·Updated yesterday
Description
Welcome to this charming and affordable 5 bedroom, 3 level side-split, ideally situated on a quiet, tree lined crescent in a family friendly neighbourhood. Set on a spacious lot with an impressive 70 foot frontage and within walking distance to schools, this home offers plenty of room for a growing family both inside and out. The inviting curb appeal features a covered front porch, double wide driveway and carport, providing parking for up to five vehicles. Step inside to a bright, open concept kitchen and living area featuring a cozy gas fireplace and large windows that fill the space with natural light. The adjoining dining area offers patio doors leading to a sunroom and an outdoor patio overlooking the expansive backyard. Kids and young adults alike will love the outdoor space, highlighted by a large deck with storage sheds and an impressive two level treehouse complete with hydro, a unique backyard retreat with plenty of possibilities. Inside, the home offers five bedrooms, providing excellent flexibility for a larger family, home office or guest rooms. The finished lower level features a recreation room with a gas fireplace ideal for movie nights. A convenient walk out rear entrance provides direct access between the backyard and lower level. Recent improvements include new laminate flooring throughout in 2023,updated light fixtures in the bedrooms, living room and basement in 2024, and a new tankless water heater in 2024. The upper level also features a beautifully renovated bathroom. Conveniently located between Western University and Fanshawe College, approximately a 10 minute drive to Western and 8 minutes to Fanshawe. This home is also close to schools, shopping, grocery stores and everyday amenities. With five bedrooms, a large 70 by 137 foot lot, abundant parking, finished living space and a backyard designed for family enjoyment, this welcoming home offers an excellent combination of space, comfort, location and value.
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Property details
Interior
- Interior
- 1100-1500 sqft
- Rooms
- 13 rooms
- Bathrooms
- 1 × 4-piece on Upper, 1 × 3-piece on Lower
- Basement
- Full, Walk-Out, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Sidesplit 3
- Age
- 51-99 years
- Lot size
- 70.15 × 137.75 ft · < .50 acres
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Carport
- Driveway
- Private Double (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $4,593/yr (2025)
Rooms
Main
- Kitchen, Stainless Steel Appl
- 3.47 × 3.29 m
- Living Room, gas fireplace, laminate
- 5.8 × 3.75 m
- Sunroom
- 2.64 × 3.28 m
- Dining Room, sliding doors, laminate
- 6.38 × 2.86 m
- Foyer, Ceramic Floor
- 1.52 × 3.73 m
Upper
- Bedroom 3, Laminate
- 2.55 × 2.48 m
- Bedroom 2, Laminate
- 3.12 × 2.8 m
- Primary Bedroom, Laminate
- 3.12 × 3.6 m
Lower
- Bedroom 5, Laminate
- 2.55 × 2.27 m
- Recreation, Gas Fireplace
- 4.16 × 3.06 m
- Bedroom 4, Laminate
- 2.52 × 3.18 m
- Laundry, Separate Shower
- 2.67 × 1.47 m
- Furnace Room
- 5.84 × 3.5 m
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
75% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $3,547/mo all in
Monthly payment estimate
Land transfer tax$8,473 on closing
Ontario LTT
$8,473
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 2 times · asking price up 1% from the first ask
Listed Sep 18, 2026
Listed Jun 30, 2026 · 77 days on market
Sep 15, 2026
77 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
Sold$665,000
670 Glengyle Crescent, London North
Sold$590,000
1318 BLACKMAPLE Drive, London East
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 99.5% of asking.
Avg. sold price
$573,350
Sale-to-list ratio
99.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $147,000 household income
Minimum household income required
$147,000
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$2,500/mo median for 3 bed nearby
$2,500/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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