165 Ellsworth Crescent, London East

Price: $488,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13126022

Welcome to 165 Ellsworth Crescent in the desired Fairmont community. This 4 bedroom, 2 bathroom bungalow with two kitchens has been owned by the same family since 1967. Upgrades include: Main floor paint, flooring, door hardware, and light fixtures (2026). 100 amp electrical panel, AC unit (2025). Roof (2015). Furnace (2007). Your main level features an open concept front living room with floor-to-ceiling windows and a wood fireplace, along with the formal dining area. At the back of the house is the kitchen, which could be opened up for a full open concept. To the side of the home are your 3 bedrooms and 4-piece bathroom. Enter through the back of the home into the large mudroom where you'll find the stairs to the basement. These stairs are perfectly located to allow for a completely separate entrance and rental unit. The lower level features its own full kitchen with an island, dining area, living room, bedroom, and storage area. Outside you'll find an incredible added bonus: a 1.5-car-wide and 2-car-deep garage with 2 separate bonus storage or workshop areas at the back, one of which has a brick oven. The backyard features a covered patio, a fully fenced yard, a vegetable garden area, and lots of room for the kids and/or pets to run. Close to all amenities, Fairmont Park, quick driving access to Hwy 401, East Park London water park and golf course, and just a few minutes drive to downtown. For first-time homebuyers, downsizers, or investors, this home is a great investment.

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$488,000 - 165 Ellsworth Crescent, London East

Detached for Sale in London East

36 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13126022
Property Type
Detached
Status
active
Days on Site
36
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Welcome to 165 Ellsworth Crescent in the desired Fairmont community. This 4 bedroom, 2 bathroom bungalow with two kitchens has been owned by the same family since 1967. Upgrades include: Main floor paint, flooring, door hardware, and light fixtures (2026). 100 amp electrical panel, AC unit (2025). Roof (2015). Furnace (2007). Your main level features an open concept front living room with floor-to-ceiling windows and a wood fireplace, along with the formal dining area. At the back of the house is the kitchen, which could be opened up for a full open concept. To the side of the home are your 3 bedrooms and 4-piece bathroom. Enter through the back of the home into the large mudroom where you'll find the stairs to the basement. These stairs are perfectly located to allow for a completely separate entrance and rental unit. The lower level features its own full kitchen with an island, dining area, living room, bedroom, and storage area. Outside you'll find an incredible added bonus: a 1.5-car-wide and 2-car-deep garage with 2 separate bonus storage or workshop areas at the back, one of which has a brick oven. The backyard features a covered patio, a fully fenced yard, a vegetable garden area, and lots of room for the kids and/or pets to run. Close to all amenities, Fairmont Park, quick driving access to Hwy 401, East Park London water park and golf course, and just a few minutes drive to downtown. For first-time homebuyers, downsizers, or investors, this home is a great investment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,503.69/mo

Includes CMHC insurance ($13,615)

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5-yr fixed avg.

Principal: $439,200Interest: $298,293
Mortgage Amount$452,815
Total Interest$298,293
Est. Property Tax$346/mo
Total Cost$751,108

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.

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Neighbourhood Guide: London East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

165 Ellsworth Crescent, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$2,752

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $697/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.

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London East. Good resale value as demand remains consistent.

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.

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    165 Ellsworth Crescent, London East | $488,000 | Battaglia Team