$499,900 - 1948 Royal Crescent, London East
Detached for Sale in London East
- MLS Number
- X13226218
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Welcome to this beautifully maintained bungalow, proudly offered for sale for the first time in years and cared for by only two families since its construction-an exceptional testament to pride of ownership.Nestled on a generous lot in the highly sought-after Argyle neighbourhood, this home presents a rare opportunity for buyers looking for space, comfort, and long-term value. From the moment you arrive, you'll appreciate the durability and peace of mind provided by the metal roof, offering longevity and low maintenance for years to come.Inside, the home features a functional and inviting layout with bright, spacious principal rooms that are perfect for both everyday living and entertaining. The upgraded kitchen is thoughtfully designed, complemented by comfortable living areas that create a warm and welcoming atmosphere throughout.The fully finished basement adds incredible versatility, featuring an updated living space ideal for extended family, a recreation area, or hosting guests-giving you the flexibility today's buyers are looking for.Step outside to a truly standout backyard-expansive, beautifully maintained, and complete with fruit trees. Whether you envision gardening, entertaining, or simply enjoying your own private outdoor retreat, this property delivers.Location is key, and this home does not disappoint. Conveniently situated near everyday essentials including Walmart, Argyle Mall, and Canadian Tire. Families will value the proximity to Lord Nelson Public School and Clarke Road Secondary School, as well as nearby recreational options like Nelson Park and Argyle Arena.Properties offering this combination of lot size, location, and long-term care rarely come to market. This is your chance to secure a solid investment in a well-established and desirable community.Don't miss the opportunity-homes like this don't stay available for long.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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.
1948 Royal Crescent, 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 $454/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 17 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.
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.