$555,000 - 1512 Rushland Avenue, London East
Detached for Sale in London East
Popular Listing- MLS Number
- X13417240
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to this well-maintained 3+3 bedroom detached bungalow located in one of London's most convenient and sought-after neighbourhoods. Just steps from Fanshawe College, this versatile and move-in-ready home offers exceptional space and flexibility for growing families, multi-generational living, or buyers seeking additional room to suit their lifestyle needs. Licensed rental unit with the City of London, this property provides added value and peace of mind. The bright main level features an open-concept layout with three generously sized bedrooms, stylish, carpet-free flooring throughout, and a functional design that is both modern and low-maintenance. Two full bathrooms, one on each level, provide convenience for larger households. The fully finished lower level features a separate entrance, a kitchen area, three additional bedrooms, a full bathroom, and large above-grade windows that fill the space with natural light. Whether used for extended family, guests, home office space, or recreational use, the lower level offers incredible versatility. Situated on a large lot, the property boasts a spacious backyard perfect for entertaining, gardening, or enjoying time outdoors with family and friends. A detached garage and extended private driveway provide ample parking for multiple vehicles. For added peace of mind, there are no rental items-all major components are fully owned. The location is hard to beat. Combining space, flexibility, and an unbeatable location, this is a fantastic opportunity to own a well-maintained home in a highly desirable area.
Estimate your monthly payments for this property
Estimated Payment
$2,847.44/mo
Includes CMHC insurance ($15,485)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1512 Rushland Avenue, London East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $505/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Detached Home Advantages
Detached homes in London East are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.