$579,900 - 1975 Royal Crescent, London East
Detached for Sale in London East
- MLS Number
- X13229664
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- BLUE FOREST REALTY INC.
Welcome to this beautifully maintained bungalow in East London. A home that blends comfort, functionality, and incredible outdoor living, all with potential for multi-generational living or an in-law setup. Step inside to a bright and inviting main floor featuring an updated kitchen with rich dark cabinetry, elegant countertops, stainless steel appliances, and durable ceramic flooring. The warm cork flooring throughout the living room and bedrooms adds character and charm, while the flexible layout offers options to suit your lifestyle. The space can easily accommodate a dining area, giving buyers the opportunity to customize the layout to fit their needs and style. The convenient main floor laundry could also be converted back into a bedroom if desired, adding even more versatility. The updated 3-piece bathroom features a modern curved glass shower, creating a spa-like feel. Downstairs, the fully finished lower level offers exceptional additional living space with quality vinyl laminate flooring, a cozy gas fireplace, built-in desk/dry bar area, an additional bedroom, den/home office space, and a full bathroom, making it ideal for extended family, guests, teens, or future in-law suite potential. Outside is where this property truly shines. Enjoy a beautifully landscaped backyard complete with a concrete stone patio, pergola, hot tub, fire pit, and a solid Mennonite-built shed - the perfect setup for relaxing or entertaining year-round. Additional highlights include: Detached insulated garage, concrete circular driveway with metal fencing, 50-year metal roof, Centennial windows. Pride of ownership throughout. Located close to parks, schools, shopping, and everyday amenities, this move-in-ready home offers comfort today with flexibility for tomorrow.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
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.
1975 Royal Crescent, London East
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $828/sqft, this property is priced in line with current London East market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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.
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.
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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.