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Home with brick exterior material, street for 881 Railton Ave, London East Ontario N5V 4W3
Re-listed 5 days ago

881 Railton Ave, London East, Ontario N5V 4W3

Detached
3
3
~1100-1500 sqft
$•••,•••
$649,999
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Detached
3
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$512/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$3,634/yr

Days On Market5 days

Total Days On Market21 days


Description

Welcome to 881 Railton Ave, a bright and spacious two-storey home on a large corner lot in a family-friendly neighbourhood. With a welcoming layout, a finished basement offering in-law suite potential, and one of the best backyard setups on the block, this home is perfect for families or those looking to generate rental income. Step inside to a warm, inviting main floor where the living room, dining area, and kitchen all connect seamlessly. Large windows fill the space with natural light, and the neutral finishes make it easy to move in and make it your own. The dining area provides direct access to the backyard, creating a smooth indoor-outdoor flow thats perfect for hosting. Upstairs, you'll find three comfortable bedrooms, including a spacious primary bedroom with vaulted ceilings, his and her closets, and private access to a large cheater ensuite. All bedrooms have closets and enjoy generous natural light throughout. Downstairs, the finished lower level adds exceptional versatility. A large recreation room with wet bar, a 3-piece bathroom, and a separate utility space offer plenty of options. Whether you're planning a future in-law suite or just want a great space to entertain, relax, or work out, this level has you covered. The backyard is a true standout. Enjoy a 28 x 16 deck with built-in seating along three sides, partially covered for shade and comfort. Theres a gas line ready for your BBQ, a fully fenced yard for privacy, and green space with a shed for extra storage. Whether its summer parties, kids at play, or quiet evenings outdoors, this yard is built for enjoyment. Additional highlights include a wide concrete driveway and side path, good-sized garage, window coverings throughout, and fresh street resurfacing completed in 2024. Located near Veterans Memorial Parkway, the 401, parks, shopping, schools, golf, and the London airport, with quick access to transit. This move-in-ready home with potential rental income and ideal location wont last long!


Upcoming Open House

May 10Sat2:00 PM - 4:00 PM

Property Details

Style2-Storey
View-
Age of property16-30
SqFt~1100-1500 SqFt
Lot Size4,775 SqFt(104.5 x 45.7)
Parking Spaces3
MLS ®NumberX12115732
Community NameArgyle
Data SourceTRREB
Listing byRINEHART REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Full

2nd Floor

Bathroom

2.53 x 3.26

Br

2.68 x 4.04

Primary

4.09 x 3.71

Br

3.58 x 2.51


Features

Lot size: 4,775 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
5 days on market
history photo preview35
Listing by trreb®
Property listed by RINEHART REALTY, Brokerage
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Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

15 days

2023

15 days

2022

10 days

New Listings

Past 30 days

38 listings

Compared to

2024

36 listings

2023

25 listings

2022

55 listings

Units sold

Past 30 days

21 units

Compared to

2024

19 units

2023

17 units

2022

33 units

Median Sold Price

Past 30 days

$545,000

Compared to

2024

$572,000

2023

$555,000

2022

$660,000


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

20 to 34
24%
0 to 19
22%
50 to 64
21%
35 to 49
18%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Schools and amenities

Estimated Budget