1947 Royal Crescent, London East

Price: $497,500

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13418428

Located in a mature neighbourhood, this well-maintained bungalow offers comfortable living with convenient access to everyday amenities. Featuring 3 bedrooms, 1 full bathroom, an attached garage with workshop space The main floor includes a spacious living room with a large picture window, a formal dining room with built-in shelving, and a functional kitchen equipped with a gas stove. Hardwood flooring extends through the living room, dining room, and all three bedrooms. The unfinished lower level provides excellent potential for additional living space, storage, or recreation areas, with a bathroom rough-in ready for future development. At the rear of the home, a versatile lean-to room offers options for use as a sunroom, three-season room, additional seating area, or extra storage space. Located close to the Argyle Business Centre, shopping, restaurants, parks, schools, and public transit, with convenient access to Highway 401.

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$497,500 - 1947 Royal Crescent, London East

Detached for Sale in London East

Popular Listing
3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13418428
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
PLATINUM KEY REALTY INC.
Description

Located in a mature neighbourhood, this well-maintained bungalow offers comfortable living with convenient access to everyday amenities. Featuring 3 bedrooms, 1 full bathroom, an attached garage with workshop space The main floor includes a spacious living room with a large picture window, a formal dining room with built-in shelving, and a functional kitchen equipped with a gas stove. Hardwood flooring extends through the living room, dining room, and all three bedrooms. The unfinished lower level provides excellent potential for additional living space, storage, or recreation areas, with a bathroom rough-in ready for future development. At the rear of the home, a versatile lean-to room offers options for use as a sunroom, three-season room, additional seating area, or extra storage space. Located close to the Argyle Business Centre, shopping, restaurants, parks, schools, and public transit, with convenient access to Highway 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,552.43/mo

Includes CMHC insurance ($13,880)

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5-yr fixed avg.

Principal: $447,750Interest: $304,100
Mortgage Amount$461,630
Total Interest$304,100
Est. Property Tax$352/mo
Total Cost$765,730

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

1947 Royal Crescent, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$352
Insurance (est.)-$104
Net Cash Flow+$2,344

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 $452/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    1947 Royal Crescent, London East | $497,500 | Battaglia Team