A-111 Wellesley Cres Cres
East I, London East, Ontario N5V 1J6
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 900–999sq ft
- Per sq ft
- $316at the range’s middle
- Tax a year
- $1,7102025 tax year
- Built
- 31-50
- Parking
- 1none
- Days on market
- Members
The brief
About A-111 Wellesley Cres Cres
A-111 Wellesley Cres Cres is a 2-bedroom, 1-bathroom condo townhouse in East I, London East, listed for sale at an asking price of $299,900 (MLS® X14130380).
Turn-key end unit condo in Nelson Park. This 2 Bedroom, 1 Bathroom Townhouse style condo shows pride of ownership throughout. Some features include a bright living room and updated kitchen area with quality flooring, backyard access from kitchen to private patio great for a BBQ and entertaining. The bedrooms are generously proportioned. The lower level features a fantastic rec-room. Other updates include the kitchen backsplash, some custom trim work, and a custom staircase railing. Enjoy worry free living with condo fees including exterior and ground maintenance, water and management. Steel roof, windows and doors were all recently upgraded. This property is an ideal fit for a first time home buyer, or someone looking for affordable living in a well cared for property. Close to many amenities and quick access to the 401.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs63/100+$58/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 89 homes with 2 bedrooms for lease in London East right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,710 / 2025
- MLS® number
- X14130380
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 31-50
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Community
- East I
- Municipality
- London East
Building
- Size
- 900-999 sqft
- Building Age
- 31-50
- Construction
- Brick Veneer
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc 2nd
- Basement Type
- Partly Finished
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Window Unit
- Heating Type
- Baseboard
Additional
- Foundation
- Concrete
- Roof
- Metal
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- fridge, stove, washer, dryer and gazebo
- Condo maint.
- $330
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.63 × 7.0 m | — | Main |
| Kitchen | 3.05 × 3.63 m | — | Main |
| Primary | 3.45 × 3.63 m | — | 2nd |
| Br | 2.55 × 3.63 m | — | 2nd |
| Rec | 3.63 × 6.08 m | — | Lower |
| Laundry | 3.63 × 3.98 m | — | Lower |
Listing history
Buy/sell history for A-111 Wellesley Cres Cres, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $299,900 | N/A | For Sale | X14130380 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $59,980
- Total mortgage amount
- $239,920
- Total interest payment
- $170,780
- Total purchase cost
- $470,680
- Mortgage payment
- $1,369/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
17%Monthly carrying cost
$1,842- Carrying cost $1,842
- Surplus $58
Rental income opens at $1,900, the median asking rent of 89 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $2,974
- Total land transfer tax
- $2,974
- First-time buyer rebates (Ontario up to $4,000)
- −$2,974
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $299,900
- $749
- Ontario total
- $2,974
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 6 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 8.1 m.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.6 km2.6 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is John Zubick Ltd., 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in East I right now
- For sale now
- 11
- Median asking price
- $325K
- New in 7 days
- 2
- Price cuts
- 18%
Middle half: $269K to $375K
5 in 28 days
2 listings
This home is asking 8% below the median.
See all homes in East IAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Family Elementary SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 550 m | 63%Grade 6 average |
| John P Robarts Public SchoolThames Valley DSB | Public · grades JK–8 | 800 m | 61%Grade 6 average |
| Lord Nelson Public SchoolThames Valley DSB | Public · grades JK–8 | 900 m | 70%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 3.8 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Clarke Road Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.3 km | 45%Grade 9 math |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 4.5 km | 44%Grade 9 math |
| École secondaire Gabriel-DumontConseil scolaire Viamonde | French-language public · grades 9–12 | 5.1 km | 77%Grade 9 math |
| B Davison Secondary School Secondary SchoolThames Valley DSB | Public · grades 9–12 | 5.6 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in East I are shown to signed-in members.