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For sale
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$549,900

Estimated value $522K–$577K

Est. $2,576/mo mortgage

3bd·2ba·1,500-2,000sqft

283 Spruce Street · London East, N5W 4N2

MLS® X13851770

2 days on market2 days on market

Listed Oct 1, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 5 hours ago

Description

Steps from an elementary school and minutes from shopping, amenities, Fanshawe College and highway access, this 3-bedroom, 2-bathroom raised ranch offers the space, location and extras that are hard to find at this price. Step inside to a bright living room that flows into the dining area and kitchen, both overlooking the large, park-like backyard. Hardwood flooring runs throughout the main level, with three bedrooms and a 3-piece bathroom tucked away from the main living space. Downstairs, a huge rec room, second bathroom and additional rooms offer plenty of flexibility for a home office, playroom, guest space, hobby room or teen retreat. Outside, enjoy a large sundeck overlooking the above-ground saltwater pool and expansive backyard, perfect for summer BBQs, pool days and bonfires. The pool features a new liner from 2025 and new salt cell from 2026. A gas stove and gas BBQ hookup add even more convenience. The impressive 40' x 15' garage doubles as a heated workshop, while the driveway offers parking for four more vehicles/space that can accommodate an RV. With 3 bedrooms, 2 bathrooms, a huge rec room, park-like backyard, saltwater pool, loads of parking and a dream workshop - you simply won't find all of this for the price!

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Property details

Interior

Size
1500-2000 sqft
Rooms
7 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
63.25 × 209 ft · < .50 acres
Exterior
Aluminum Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Pool
Above Ground, Salt

Parking

Garage
2 car Detached
Driveway
Private, RV/Truck (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$3,537/yr (2025)

Rooms

Main

Bathroom, 3 Pc Bath
2.24 × 2.84 m
Bedroom 2
2.32 × 3.48 m
Living Room, Fireplace
6.53 × 3.82 m
Kitchen, Overlooks Backyard
3.82 × 3.31 m
Primary Bedroom
3.32 × 3.56 m
Bedroom 3
2.81 × 2.53 m
Dining Room, Overlook Patio
2.57 × 2.63 m

Basement

Utility Room, Combined w/Laundry
4.81 × 2.44 m
Bedroom
2.55 × 3.42 m
Bathroom, 3 Pc Bath
3.54 × 1.8 m
Recreation
9.14 × 5 m
Office
3.27 × 3.18 m

Estimated value range

$522K–$577K

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

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. $3,272/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,576
Property tax$331
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,272
Land transfer tax$7,473 on closing

Ontario LTT

$7,473

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 down 5% from the first ask

$549,900↓ 5%

Listed Oct 1, 2026

On the market
$579,900

Listed Aug 18, 2026

On the market

Sold comparables nearby

51 Garland Crescent, London EastSold

51 Garland Crescent, London East

3 bd·2 ba·700-1,100 sqft
172 Fairhaven Circle, London EastSold

172 Fairhaven Circle, 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 Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$444,333

Sale-to-list ratio

97.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $135,000 household income

Minimum household income required

$135,000

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$2,300/mo median for 3 bed nearby

$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 54 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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