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For sale
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$495,000

Estimated value $470K–$511K

Est. $2,319/mo mortgage

3+1bd·2ba·700-1,100sqft

1976 Royal Crescent · London East, N5V 1N8

MLS® X13855772

2 days on market2 days on market

Listed Oct 2, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated 6 hours ago

Description

Welcome to 1976 Royal Crescent, a well-kept brick bungalow situated in an established, family-friendly neighbourhood in East London. Offering a functional main-floor layout, a finished basement, generous outdoor space and an exceptionally convenient location, this home is a great opportunity for families, first-time buyers or anyone looking for additional living space. Location is a standout feature. Lord Nelson Public School is located right on Royal Crescent, while Clarke Road Secondary School is also just minutes away. Everyday conveniences are close at hand with shopping, groceries, restaurants and services along the Clarke Road and Dundas Street corridor, including Argyle Mall. Parks, recreation and public transit are also easily accessible. The main level offers bright and comfortable living areas with plenty of natural light, a functional kitchen with ample cabinetry and workspace, and well-proportioned bedrooms for everyday family living. One of the home's biggest advantages is the fully finished basement, significantly expanding the usable living space. With a spacious recreation area, additional finished rooms, bathroom, and a dedicated laundry/utility area with cabinetry and sink, the lower level provides excellent flexibility for a family room, children's play area, home office, guest space, gym or hobby room. With its finished basement, comfortable living space, mature neighbourhood and excellent proximity to schools and everyday amenities, 1976 Royal Crescent offers the space and convenience families are looking for while still providing an opportunity for the next owner to make it their own.

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Property details

Interior

Size
700-1100 sqft
Bedrooms
3 above grade, 1 lower level
Rooms
6 rooms
Bathrooms
1 × 3-piece on Basement, 1 × 3-piece on Ground
Basement
Finished with Walk-Out, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
37.25 × 128.39 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,043/yr (2026)

Rooms

Main

Bedroom
2.98 × 2.69 m
Kitchen
2.96 × 2.85 m
Dining Room
2.7 × 2.55 m
Bedroom
3.1 × 2.69 m
Living Room
5.35 × 4.1 m

Basement

Family Room
9.14 × 5.48 m
Bedroom
3.58 × 2.85 m

Estimated value range

$470K–$511K

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. $2,970/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,319
Property tax$298
Insurance (est.)$103
Utilities (est.)$250
Total monthly$2,970
Land transfer tax$6,375 on closing

Ontario LTT

$6,375

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

$495,000

Listed Oct 2, 2026

On the market
$495,000

Listed Oct 1, 2026

On the market

Sold comparables nearby

1811 WHITEHALL Drive, London EastSold

1811 WHITEHALL Drive, London East

3 bd·2 ba·700-1,100 sqft
1863 Herbert Avenue, London EastSold

1863 Herbert Avenue, London East

3 bd·2 ba·1,100-1,500 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 96.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$496,500

Sale-to-list ratio

96.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $122,000 household income

Minimum household income required

$122,000

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.

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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 41 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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