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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13720072For SaleDetached

713 Railton Ave

East I, London East, Ontario N5V 4E2

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713 Railton Ave, London East, photo 1
Asking$489,900
Bedrooms
3+1
Bathrooms
2
Size
1,100–1,500sq ft
Per sq ft
$377at the range’s middle
Lot
Under 0.50 acres
Tax a year
$3,2522025 tax year
Built
31-50
Parking
2none
Days on market
Members

The brief

About 713 Railton Ave

713 Railton Ave is a 3+1-bedroom, 2-bathroom detached house in East I, London East, listed for sale at an asking price of $489,900 (MLS® X13720072).

Whether you're looking for your first home, an investment property, or more space to grow, this 3+1 bedroom, 2-bathroom bungalow offers a functional layout in a convenient East London location with quick access to Veterans Memorial Parkway and Highway 401. The main floor features a bright and welcoming living room with newly installed pot lights, a separate dining room, and a functional kitchen complete with brand-new appliances. Updated flooring in the living room, dining room, and kitchen adds a fresh touch to the main living areas, while three good-sized bedrooms and a 4-piece bathroom complete the main level. The finished lower level expands your living space with an oversized rec room, a fourth bedroom, and a 3-piece bathroom, offering plenty of flexibility for a growing family, overnight guests, a home office, or hobby space. A separate side entrance provides direct access to the basement, offering added convenience and future possibilities for buyers looking for a home with flexible living space. Outside, the good-sized backyard provides room to enjoy the outdoors, garden, or create the outdoor space you've been envisioning. Conveniently located close to schools, parks, shopping, and everyday amenities, with easy access for commuters, this home offers solid value, practical living space, and the opportunity to make it your own. If you've been searching for an affordable home with room to grow and future potential, this one deserves a closer look. Book your private showing today!

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Covers costs

    +$93/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 12 detached homes with 4 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
$3,252 / 2025
MLS® number
X13720072
Board
TRREB MLS®
Property Type
Detached
Building Age
31-50
Days on market
Size
1100-1500 sqft
Lot Size
37.97 x 98.67 ft
Listed on
Parking
None, 2 Parking
Listing brokerage: REAL BROKER ONTARIO LTD.Data 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 I
Municipality
London East

Building

Size
1100-1500 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
3+1
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Lower
Basement Type
Full
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
37.97 ft
Depth
98.67 ft
Lot Size
37.97 x 98.67 ft

Additional

Foundation
Poured Concrete, Concrete
Roof
Shingles
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Existing fridge, stove, dishwasher, washer and dryer

Rooms

RoomSizeFeaturesLevel
Living3.19 × 5.27 m—Main
Dining2.79 × 2.82 m—Main
3rd Br2.9 × 2.98 m—Main
Primary3.34 × 3.56 m—Main
2nd Br3.07 × 3.19 m—Main
Family5.54 × 7.21 m—Lower
Other2.65 × 3.36 m—Lower
Kitchen2.63 × 4.73 m—Main
4th Br2.69 × 3.34 m—Lower
Utility3.78 × 3.94 m—Lower

Listing history

Buy/sell history for 713 Railton 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$489,900N/APcX13720072

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $97,980

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
$97,980
Total mortgage amount
$391,920
Total interest payment
$278,880
Total purchase cost
$768,780
Mortgage payment
$2,236/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

17%

Monthly carrying cost

$2,507
$93per month
  • Carrying cost $2,507
  • Surplus $93

Rental income opens at $2,600, the median asking rent of 12 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
$6,273
Total land transfer tax
$6,273
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,273
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 $489,900
$1,798
Ontario total
$6,273

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

Street frontage
37.97 ft11.6 m
Depth
98.67 ft30.1 m
Lot size
Under 0.50 acresAs the board bands it

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. 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.

12 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 3.4 kmNearest rail line: 360 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo 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 conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m1 test or monitoring hole also recorded.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: 3.4 km3.4 km

Province of Ontario open data

Around the home1

  • Nearest rail line: 360 m360 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
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Kaiser Aluminum Canada Limited, 780 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 (10 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

Detached homes for sale in East I right now

For sale now
45
Median asking price
$510K

Middle half: $489K to $600K

New in 7 days
7

17 in 28 days

Price cuts
38%

17 listings

This home is asking 4% below the median.

See all homes in East I

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
Holy Family Elementary SchoolLondon District Catholic School BoardCatholic · grades JK–8650 m63%Grade 6 average
John P Robarts Public SchoolThames Valley DSBPublic · grades JK–8850 m61%Grade 6 average
Lord Nelson Public SchoolThames Valley DSBPublic · grades JK–81.9 km70%Grade 6 average
École élémentaire catholique Saint-Jean-de-BrébeufConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–64 km73%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Clarke Road Secondary SchoolThames Valley DSBPublic · grades 9–122.2 km45%Grade 9 math
École secondaire Gabriel-DumontConseil scolaire ViamondeFrench-language public · grades 9–124.4 km77%Grade 9 math
John Paul II Catholic Secondary SchoolLondon District Catholic School BoardCatholic · grades 9–125.4 km44%Grade 9 math
B Davison Secondary School Secondary SchoolThames Valley DSBPublic · grades 9–125.8 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

Similar Active Listings

Recently sold nearby

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

Email Kassaundra Dobson, Broker of Record