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$509,000

Estimated value $484K–$534K

Est. $2,385/mo mortgage

2bd·2ba·1,100-1,500sqft

716 Monsarrat Avenue · London East, N5Y 4M9

MLS® X13853804

1 day on marketListed yesterday

Listed Oct 2, 2026

Listing courtesy of Sutton Group - Select Realty·Updated 4 hours ago

Description

A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a covered enclosed seating area to escape the sun, and a large deck wrapping around the rear of the home leading to pool and other covered side entrance to the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished part of lower level is a blank slate with large open concept area, roughly divided into bedroom, and 2 different rec rooms, one with 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and also includes a laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, large deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment.

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Property details

Interior

Size
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Lower
Basement
Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
60 × 121.5 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer
Pool
Above Ground

Parking

Parking
3 spaces

Fees & taxes

Property tax
$4,505/yr (2026)

Rooms

Main

Bedroom 2
3.3 × 3.3 m
Primary Bedroom
6.7 × 3.04 m
Living Room
4.57 × 3.5 m
Kitchen
3.5 × 2.89 m
Family Room
5.18 × 3.65 m
Dining Room
3.65 × 2.61 m

Lower

Recreation
4.95 × 4.8 m
Recreation
6.75 × 5.41 m

Estimated value range

$484K–$534K

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
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentest. $3,047/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,385
Property tax$307
Insurance (est.)$106
Utilities (est.)$250
Total monthly$3,047
Land transfer tax$6,655 on closing

Ontario LTT

$6,655

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 6% from the first ask

$509,000↓ 6%

Listed Oct 2, 2026

On the market
$539,000

Listed Aug 11, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

444 Grosvenor Street, London EastSold

444 Grosvenor Street, London East

3 bd·2 ba·700-1,100 sqft
665 Tennent Avenue, London NorthSold

665 Tennent Avenue, London North

3 bd·4 ba·2,000-2,500 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer's market in Huron Heights

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$582,367

Sale-to-list ratio

96.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $126,000 household income

Minimum household income required

$126,000

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$1,825/mo median for 2 bed nearby

$1,825/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 46 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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