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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14117512For SaleDetached

328 Oakland Ave

East M, London East, Ontario N5W 4J6

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328 Oakland Ave, London East, photo 1
Asking$364,990
Bedrooms
2
Bathrooms
2
Size
700–1,100sq ft
Per sq ft
$406at the range’s middle
Lot
33.5 x 100 ft
Tax a year
$2,2632025 tax year
Parking
2none
Days on market
Members

The brief

About 328 Oakland Ave

328 Oakland Ave is a 2-bedroom, 2-bathroom detached house in East M, London East, listed for sale at an asking price of $364,990 (MLS® X14117512).

Welcome to 328 Oakland Ave, beautiful renovated and move-in-ready home situated on a corner lot, offering a comfortable and modern living space with plenty of privacy. Thoughtfully updated throughout, this home combines modern convenience with a warm atmosphere. The spacious living room features an inviting fireplace, creating a cozy setting for relaxing evenings and enjoying conversations with family and friends. The open-concept layout seamlessly connects the living room to the brand-new kitchen, creating a bright and welcoming space for everyday living and entertaining. The main floor offers two spacious bedrooms and fully updated bathroom, making this home ideal for a family, couple, or professionals. The brand-new kitchen with tiled flooring features modern finishes and BRAND NEW stove, dishwasher and refrigerator. For added convenience and to make it truly move-in ready, the home also includes BRAND NEW washer, dryer and A/C installed in 2026 for added comfort during the warmer months. A furnished loft with additional bathroom provides a versatile space that can be used as a recreation room, entertainment area or home office. Step outside to enjoy a private backyard enclosed with a privacy fence (2026), offering a peaceful outdoor space to relax or entertain. The property also features a concrete driveway (2026) for convenient parking. Located just minutes from The Factory at Kellogg Lane, you'll enjoy convenient access to entertainment, restaurants, recreation, family attractions, and community events. Situated in a neighbourhood where homes continue to be renewed, this property offers a great combination of modern updates, comfort, privacy, and location. Don't miss your opportunity to own this beautifully renovated gem in London.

Insights

  • Condition Score

    Good

    3 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$105/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 15 detached homes with 2 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,263 / 2025
MLS® number
X14117512
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
700-1100 sqft
Lot Size
33.5 x 100 ft
Listed on
Parking
None, 2 Parking
Listing brokerage: CENTURY 21 FIRST CANADIAN CORPData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
Bungalow
Community
East M
Municipality
London East

Building

Size
700-1100 sqft
Construction
Alum Siding

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
2 × 3pc
Basement Type
Unfinished
Kitchens
1

Parking

Driveway
Private
Garage Type
None
Additional Parking
2
Total Parking
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
33.5 ft
Depth
100 ft
Lot Size
33.5 x 100 ft

Additional

Foundation
Poured Concrete
Roof
Shingles
Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
Fridge, Stove, Dishwasher, Washer and Dryer

Rooms

RoomSizeFeaturesLevel
Loft3.81 × 3.71 m—Upper
Br2.51 × 3.2 m—Main
Br3.04 × 3.16 m—Main
Bathroom1.52 × 2.15 m3 Pc BathUpper
Bathroom1.32 × 2.49 m3 Pc BathMain
Living3.12 × 7.16 m—Main
Kitchen3.12 × 3.65 mTile FloorMain

Listing history

Buy/sell history for 328 Oakland Ave, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$364,990N/AFor SaleX14117512

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $72,998

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
$72,998
Total mortgage amount
$291,992
Total interest payment
$207,808
Total purchase cost
$572,798
Mortgage payment
$1,666/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

25%

Monthly carrying cost

$1,855
−$105per month
  • Rent $1,750
  • Shortfall $105

Rental income opens at $1,750, the median asking rent of 15 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
$3,950
Total land transfer tax
$3,950
First-time buyer rebates (Ontario up to $4,000)
−$3,950
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 $364,990
$1,725
Ontario total
$3,950

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

Lot

Lot area
3,350 sq ft311 m²
Street frontage
33.5 ft10.2 m
Depth
100 ft30.5 m
33.5 × 100 ftOAKLAND AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 10 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 6.4 m below ground nearbyBedrock about 35.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 5.1 kmNearest rail line: 80 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m2 facilities within 1 km report pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 6.4 m below ground nearbyThe middle water level in the well records within 500 m (40 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 35.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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: 5.1 km5.1 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 80 m80 m
  • A trail on the Ontario trail network within 1 km1 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
  • 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Russel Metals Inc. — London, 700 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 km1 still active or suspected; the rest are closed. The federal inventory covers federal land only, not 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, 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

Detached homes for sale in East M right now

For sale now
29
Median asking price
$429K

Middle half: $380K to $475K

New in 7 days
3

14 in 28 days

Price cuts
24%

7 listings

This home is asking 15% below the median, lower than three quarters of them.

See all homes in East M

Asking 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

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–6500 m92%Grade 6 average
Prince Charles Public SchoolThames Valley DSBPublic · grades JK–81.3 km29%Grade 6 average
St Pius X Separate SchoolLondon District Catholic School BoardCatholic · grades JK–81.6 km55%Grade 6 average
Ealing Public SchoolThames Valley DSBPublic · grades JK–81.6 km63%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–122 km44%Grade 9 math
B Davison Secondary School Secondary SchoolThames Valley DSBPublic · grades 9–122.1 km—
H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–122.5 km56%Grade 9 math
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–123.4 km57%Grade 9 math

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

Similar Active Listings

Recently sold nearby

Sold prices in East M are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record