438 Magnolia Cres
East A, London East, Ontario N5Y 4S9
- Bedrooms
- 3+2
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $446at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $4,5932025 tax year
- Built
- 51-99
- Parking
- 51 carport
- Days on market
- Members
The brief
About 438 Magnolia Cres
438 Magnolia Cres is a 3+2-bedroom, 2-bathroom detached house in East A, London East, listed for sale at an asking price of $579,900 (MLS® X13835524).
Welcome to this charming and affordable 5 bedroom, 3 level side-split, ideally situated on a quiet, tree lined crescent in a family friendly neighbourhood. Set on a spacious lot with an impressive 70 foot frontage and within walking distance to schools, this home offers plenty of room for a growing family both inside and out. The inviting curb appeal features a covered front porch, double wide driveway and carport, providing parking for up to five vehicles. Step inside to a bright, open concept kitchen and living area featuring a cozy gas fireplace and large windows that fill the space with natural light. The adjoining dining area offers patio doors leading to a sunroom and an outdoor patio overlooking the expansive backyard. Kids and young adults alike will love the outdoor space, highlighted by a large deck with storage sheds and an impressive two level treehouse complete with hydro, a unique backyard retreat with plenty of possibilities. Inside, the home offers five bedrooms, providing excellent flexibility for a larger family, home office or guest rooms. The finished lower level features a recreation room with a gas fireplace ideal for movie nights. A convenient walk out rear entrance provides direct access between the backyard and lower level. Recent improvements include new laminate flooring throughout in 2023,updated light fixtures in the bedrooms, living room and basement in 2024, and a new tankless water heater in 2024. The upper level also features a beautifully renovated bathroom. Conveniently located between Western University and Fanshawe College, approximately a 10 minute drive to Western and 8 minutes to Fanshawe. This home is also close to schools, shopping, grocery stores and everyday amenities. With five bedrooms, a large 70 by 137 foot lot, abundant parking, finished living space and a backyard designed for family enjoyment, this welcoming home offers an excellent combination of space, comfort, location and value.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even59/100−$29/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 detached homes with 5 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
- $4,593 / 2025
- MLS® number
- X13835524
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 70.15 x 137.75 ft
- Listed on
- Parking
- 1 Carport, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Sidesplit 3
- Community
- East A
- Municipality
- London East
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3+2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Upper, 1 × 3pc Lower
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Carport
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 70.15 ft
- Depth
- 137.75 ft
- Lot Size
- 70.15 x 137.75 ft
Additional
- Foundation
- Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer, Trampoline and Swing.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| 4th Br | 3.18 × 2.52 m | Laminate | Lower |
| Dining | 2.86 × 6.38 m | Sliding Doors, Laminate | Main |
| Rec | 3.06 × 4.16 m | Gas Fireplace | Lower |
| 5th Br | 2.27 × 2.55 m | Laminate | Lower |
| Kitchen | 3.29 × 3.47 m | Stainless Steel Appl | Main |
| 3rd Br | 2.48 × 2.55 m | Laminate | Upper |
| Sunroom | 3.28 × 2.64 m | — | Main |
| 2nd Br | 2.8 × 3.12 m | Laminate | Upper |
| Furnace | 3.5 × 5.84 m | — | Lower |
| Living | 3.75 × 5.8 m | Gas Fireplace, Laminate | Main |
| Laundry | 1.47 × 2.67 m | Separate Shower | Lower |
| Foyer | 3.73 × 1.52 m | Ceramic Floor | Main |
| Primary | 3.6 × 3.12 m | Laminate | Upper |
Listing history
Buy/sell history for 438 Magnolia 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 | $579,900 | N/A | For Sale | X13835524 |
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
- $115,980
- Total mortgage amount
- $463,920
- Total interest payment
- $329,880
- Total purchase cost
- $909,780
- Mortgage payment
- $2,646/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
21%Monthly carrying cost
$3,029- Rent $3,000
- Shortfall $29
Rental income opens at $3,000, the median asking rent of 7 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
- $8,073
- Total land transfer tax
- $8,073
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,073
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 $400,000
- $2,250
- 2.0% from $400,000 to $579,900
- $3,598
- Ontario total
- $8,073
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
- 9,663 sq ft898 m²
- Street frontage
- 70.15 ft21.4 m
- Depth
- 137.75 ft42 m
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.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
- Bedrock about 22.9 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: 4.9 km4.9 km
Province of Ontario open data
Around the home1
- 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Adelaide Pollution Control Plant, 2.1 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 a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Quadro Communications, 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 A right now
- For sale now
- 19
- Median asking price
- $575K
- New in 7 days
- 1
- Price cuts
- 21%
Middle half: $505K to $664K
6 in 28 days
4 listings
This home is asking 1% above the median.
See all homes in East AAsking 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 |
|---|---|---|---|
| Hillcrest Public SchoolThames Valley DSB | Public · grades JK–8 | 350 m | 72%Grade 6 average |
| St Anne's Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.1 km | 63%Grade 6 average |
| Lord Elgin Public SchoolThames Valley DSB | Public · grades JK–8 | 1.3 km | 39%Grade 6 average |
| École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique Providence | French-language Catholic · grades JK–8 | 1.9 km | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Montcalm Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 750 m | 33%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 1.2 km | 57%Grade 9 math |
| A B Lucas Secondary SchoolThames Valley DSB | Public · grades 9–12 | 1.9 km | 75%Grade 9 math |
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 2.2 km | 44%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
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Sold prices in East A are shown to signed-in members.