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For sale
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$565,000

Est. $2,647/mo mortgage

3bd·2ba·1,100-1,500sqft

113 Bournemouth Drive · London East, N5V 4T1

MLS® X13807774

4 days on market4 days on market

Listed Sep 21, 2026

Listing courtesy of Re/max Icon Realty·Updated 2 days ago

Description

Welcome to this beautifully maintained property, where love and pride of ownership shine through every single detail. Perfectly blending spacious family living with a unique, move-in-ready opportunity, this home has been exceptionally well cared for and is ready for its next chapter. The main level welcomes you with an ideal layout for both daily life and hosting. Enjoy casual meals in the bright eat-in kitchen, or host special occasions in the formal dining room. The inviting living room provides a warm and comfortable space to gather with family and friends.Upstairs, you will find three good-sized bedrooms offering plenty of space and comfort for everyone. The home also offer two full bathrooms. The lower levels expand your living space significantly, featuring a cozy family room perfect for movie nights, as well as an abundance of extra storage space to keep your home organized and clutter-free. A standout feature of this property is the dedicated hair salon business space. With a separate access through the garage, your clients don't need to walk through your home to access your business. Fully equipped and ready to go, it offers an incredible opportunity to run a home-based business, or it can be easily reimagined to fit your specific lifestyle needs. How about a fourth bedroom or a home gym? The possibilities are endless. Step outside into your own private oasis. The gorgeous backyard backs directly onto serene, mature woods, providing a peaceful and private backdrop. Relax or entertain on the spacious deck, and enjoy the convenience of the attached 1.5-car garage. Don't miss your chance to own a home that truly offers it all.

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Property details

Interior

Size
1100-1500 sqft
Rooms
12 rooms
Bathrooms
1 × 4-piece, 1 × 3-piece
Basement
Finished, Walk-Up
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 4
Age
31-50 years
Lot size
33.9 × 110 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1.5 car Attached
Parking
3 spaces

Fees & taxes

Property tax
$4,581/yr (2026)

Rooms

Main

Living Room
3.35 × 4.52 m
Dining Room
3.44 × 3.33 m
Kitchen
5.37 × 3.56 m

Second

Bedroom 3
3.44 × 3.16 m
Bedroom 2
3.44 × 3.31 m
Bathroom, 4 Pc Bath
3.18 × 1.51 m
Primary Bedroom
3.63 × 3.73 m

Lower

Other
4.22 × 6.22 m
Family Room
4.07 × 6.15 m

Basement

Bathroom, 3 Pc Bath
1.85 × 2.82 m
Utility Room, 3 Pc Bath
4.26 × 4.61 m
Other
4.38 × 3.37 m

AI property estimate

$613,800Estimate is ~8.6% above asking

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

$552,420$675,180

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

Location & neighbourhood

Directions
London East

London East, ON

Monthly paymentest. $3,355/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,647
Property tax$340
Insurance (est.)$118
Utilities (est.)$250
Total monthly$3,355
Land transfer tax$7,775 on closing

Ontario LTT

$7,775

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$565,000

Listed Sep 21, 2026

On the market

Sold comparables nearby

1791 Marconi Boulevard, London EastSold

1791 Marconi Boulevard, London East

2 bd·2 ba·700-1,100 sqft
618 Fieldgate Circle, London EastSold

618 Fieldgate Circle, London East

3 bd·3 ba·1,500-2,000 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 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$539,850

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $139,000 household income

Minimum household income required

$139,000

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 37 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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