$499,900
For sale: Detached

PRICED BELOW MARKET VALUE! Welcome to 1975 Royal Crescent, a beautifully maintained bungalow located in a mature East London neighbourhood and strategically listed at $499,900 to attract motivated buyers. Offering exceptional versatility and pride of ownership throughout, this home provides plenty of space for everyday living with excellent potential for multi-generational living or a future in-law setup. The bright main floor features an updated kitchen with rich cabinetry, elegant countertops, stainless steel appliances. Flexible layout provides options for a dining area if desired. The convenient main floor laundry could also be converted back into a bedroom, adding even more flexibility. The updated 3 piece bathroom features a modern curved glass shower. Downstairs, the fully finished lower level significantly expands the living space with a cozy gas fireplace, built in desk and dry bar area, additional bedroom, den or home office and full bathroom, ideal for extended family, guests, teens or future in law potential. Outside is where this home truly stands apart. The beautifully landscaped backyard is designed for relaxing and entertaining with a concrete stone patio, pergola, hot tub, fire pit and shed. Additional highlights include a detached insulated garage, concrete circular driveway with metal fencing, 50 year metal roof and Centennial windows. Enjoy convenient access to the Argyle Business Centre, shopping, restaurants, parks, schools, public transit and Highway 401. A detached bungalow with finished living space, a garage, an incredible backyard and so much versatility. Book your private showing and see the opportunity for yourself! OFFERS PRESENTED WEDNESDAY, SEPTEMBER 23 AT 6:00 PM. Seller reserves the right to review pre-emptive offers.
Sold data
Detached homes in London East (East I) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East I) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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