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For sale
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$799,900

Est. $3,747/mo mortgage

4+1bd·3ba·2,000-2,500sqft

245 Bernard Avenue · London East, N6A 2M9

MLS® X13827324

2 days on market2 days on market

Listed Sep 25, 2026

Listing courtesy of Re/max Centre City Realty INC.·Updated 11 hours ago

Description

UNIQUE OPPORTUNITY FOR THE SAVVY INVESTOR and/or UWO PARENTS! STEPS FROM THE RICHMOND GATES OF UWO, THIS HOME EXUDES ORIGINAL CHARM WITH A BEAMED CATHEDRAL CEILING IN THE MAIN FLOOR LIVING ROOM THAT FEATURES BUILT-INS AND A GORGEOUS NATURAL FIREPLACE MANTLE + OVERHEAD BALCONY! OTHER AMAZING FEATURES INCLUDE MAIN FLOOR LAUNDRY OFF THE KITCHEN, A LARGE RECENTLY RENOVATED EAT-IN KITCHEN WITH QUARTZ COUNTERTOPS AND 4 +1 BEDROOMS, 2.5 BATHS AND PLENTY OF COMMON AREA! THIS PROPERTY IS A PLEASURE TO SHOW AND OFFERS THE IDEAL LOCATION, CLOSE TO UWO CAMPUS, WALKING TRAILS, THE THAMES RIVER AND SHOPPING (MASONVILLE)! PUBLIC TRANSIT IS JUST A SHORT WALK AWAY! CURRENTLY RENTED AT $800.00/BEDROOM +UTILITIES. PROPERTY WILL BE VACANT FOR MAY 1, 2027.

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Property details

Interior

Size
2000-2500 sqft
Bedrooms
4 above grade, 1 lower level
Rooms
12 rooms
Bathrooms
1 × 3-piece on Main, 1 × 2-piece on Second, 1 × 4-piece on Second
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
51-99 years
Lot size
48.89 × 125.68 ft
Exterior
Aluminum Siding, Concrete Block
Foundation
Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

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

Fees & taxes

Property tax
$7,913/yr (2025)

Rooms

Main

Bathroom, 3 Pc Bath
1.3 × 1.5 m
Family Room, Open Concept
5.89 × 2.54 m
Dining Room, Overlooks Backyard
5.1 × 3.25 m
Kitchen, Open Concept
5.91 × 2.31 m
Bedroom 2
4.87 × 2.97 m
Living Room, vaulted ceiling(s), balcony, b/i bookcase
5.94 × 3.75 m

Second

Bedroom 3
5.48 × 2.43 m
Primary Bedroom, Overlooks Backyard
5.66 × 3.68 m
Bedroom 4
3.07 × 3.04 m

Lower

Recreation
4.24 × 4.04 m
Bedroom 5
5.25 × 3.12 m

AI property estimate

$887,103Estimate is ~10.9% above asking

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

$798,393$975,813

77% confidence · 37 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Stoneybrook →

London East, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Monthly paymentest. $4,646/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,747
Property tax$482
Insurance (est.)$167
Utilities (est.)$250
Total monthly$4,646
Land transfer tax$12,473 on closing

Ontario LTT

$12,473

First-time rebate

−$4,000

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

Price & listing history

$799,900

Listed Sep 25, 2026

On the market

Sold comparables nearby

1066 Richmond Street, London EastSold

1066 Richmond Street, London East

5 bd·2 ba·1,500-2,000 sqft
15 Medway Crescent, London NorthSold

15 Medway Crescent, London North

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 Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 95.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$847,667

Sale-to-list ratio

95.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $194,000 household income

Minimum household income required

$194,000

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$3,500/mo median for 4 bed nearby

$3,500/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 18 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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