581 Central Ave
East F, London East, Ontario N6B 2G5
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $385at the range’s middle
- Lot
- 40 x 134 ft
- Tax a year
- $4,8112025 tax year
- Built
- 100+
- Parking
- 51 attached
- Days on market
- Members
The brief
About 581 Central Ave
581 Central Ave is a 2-bedroom, 2-bathroom detached house in East F, London East, listed for sale at an asking price of $499,900 (MLS® X14123940).
Welcome to 581 Central Avenue! Nestled in the scenic Woodfield neighbourhood of London, this charming 2 bedroom, 2 bathroom bungalow offers the perfect combination of comfort, functionality, and outdoor living! Upon first glance, you'll appreciate the inviting curb appeal, spacious 5-car driveway, attached single-car garage, and a large front porch with a new front door (2025) - perfect for enjoying your morning coffee. Step inside and take in the bright, open-concept layout as you flow seamlessly from your welcoming living room into the dining area, creating the perfect space for entertaining family and friends. Continue into the stunning eat-in kitchen, showcasing gorgeous finishes and a functional design ideal for everyday living. Completing the main floor are 2 bedrooms, including a spacious primary bedroom featuring its own private 3-piece ensuite. An additional 4-piece bathroom is conveniently situated on the main floor, perfect for guests. Step outside and discover your fully fenced backyard, featuring a grand rectangular in-ground pool and plenty of room to host summer BBQs, enjoy warm evenings, and make lasting memories with loved ones. Whether you're relaxing poolside or entertaining a crowd, this outdoor space offers endless possibilities! The lower level is a blank canvas awaiting your personal touch, complete with a laundry and utility room and ample potential to create a spacious recreation room, additional living space, home gym, or hobby area. Oh, and we can't forget to mention the new front drainage line under the driveway with a 20 year warranty for added peace of mind! With a functional layout, incredible outdoor features, and plenty of opportunity to make it your own, this home is full of potential! Conveniently located close to everyday amenities, cafes, restaurants, parks, and more, this property is one you won't want to miss. Don't delay, book your showing today!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall40/100−$532/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 18 homes with 2 bedrooms for lease in East F right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,811 / 2025
- MLS® number
- X14123940
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 134 ft
- Listed on
- Parking
- 1 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- East F
- Municipality
- London East
Building
- Size
- 1100-1500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 3pc
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Private, Tandem
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 134 ft
- Lot Size
- 40 x 134 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer, Built-in Microwave, Window Coverings, All Pool Equipment
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.13 × 6.1 m | — | Main |
| Dining | 5.36 × 4.13 m | — | Main |
| Kitchen | 4.4 × 3.25 m | — | Main |
| Primary | 4.89 × 2.75 m | — | Main |
| 2nd Br | 2.98 × 2.75 m | — | Main |
| Rec | 12.95 × 2.74 m | — | Lower |
| Utility | 3.34 × 2.87 m | — | Lower |
Listing history
Buy/sell history for 581 Central Ave, 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 | $499,900 | N/A | For Sale | X14123940 |
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
- $99,980
- Total mortgage amount
- $399,920
- Total interest payment
- $284,380
- Total purchase cost
- $784,280
- Mortgage payment
- $2,281/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
39%Monthly carrying cost
$2,682- Rent $2,150
- Shortfall $532
Rental income opens at $2,150, the median asking rent of 18 comparable homes for lease in East F. 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
- $6,473
- Total land transfer tax
- $6,473
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,473
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 $499,900
- $1,998
- Ontario total
- $6,473
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
- 5,360 sq ft498 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 134 ft40.8 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, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m30 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.4 m below ground nearbyThe middle water level in the well records within 500 m (69 records). It changes with the season and from spot to spot.500 m
- Bedrock about 36.3 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: 7.0 km7 km
Province of Ontario open data
Around the home1
- Nearest rail line: 160 m160 m
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 London District Energy, 1.3 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, 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 F right now
- For sale now
- 15
- Median asking price
- $550K
- New in 7 days
- 0
- Price cuts
- 20%
Middle half: $494K to $660K
3 in 28 days
3 listings
This home is asking 9% below the median.
See all homes in East FAsking 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 |
|---|---|---|---|
| Woodfield French Immersion Public SchoolThames Valley DSB | Public · grades JK–8 · French Immersion | 450 m | 77%Grade 6 average |
| St Georges Public SchoolThames Valley DSB | Public · grades JK–8 | 1.1 km | 86%Grade 6 average |
| St Michael Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.3 km | 82%Grade 6 average |
| Académie de la TamiseConseil scolaire Viamonde | French-language public · grades JK–6 | 2.6 km | 92%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| H B Beal Secondary SchoolThames Valley DSB | Public · grades 9–12 | 800 m | 56%Grade 9 math |
| Catholic Central High SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 850 m | 57%Grade 9 math |
| London Central Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1 km | 81%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 2.4 km | 57%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 F are shown to signed-in members.