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438 Magnolia Crescent, London East, ON N5Y 4S9

3+2 beds · 2 baths · 1 kitchen · 9+6 rooms · 5 parking spaces · 700-1100 sq ft · Detached
$595,000
Property tax
$4,593 / year

Location, location, location! Welcome to quiet, exclusive, and tucked away neighborhood of Ridgeview Heights. Discover 438 Magnolia Crescent. Close to one of the best central hub of London near Huron/Highbury cross street. Walking distance to many excellent schools, shopping, amenities, community centers, parks, and much more. This three Level Side Split homes features 5 Bedrooms, 2 Bathrooms, separate entrance to basement. No expense was spared in updating the home fully to be ready for your family to move in. Featuring Open Concept Living room, Dining room and Kitchen. Absolutely stunning Breakfast SUN-ROOM sitting area with extra large Windows overlooking the back yard with side entrance and glass door exit on either side. Imagine morning coffees, watching mature trees and children playing in your back yard even in the winter as this room is fully winterized and usable all Four Seasons. More nice features of the home are a Brand New Wooden Covered Front Porch, Separate entrance to the lower level, two pieces Bathroom/Powder Room in lower level and Laundry room with sink and Shower for your convenience. There are 2 Gas Fireplace on the main floor Living Room as well as the Family Room on the lower level with a Brand New Dry Bar. Stepping outside the home, you have many storage shed large and small. Covered deck area and concrete patio where the above ground pool sits. This above ground pool is optional if you prefer to have it or have it removed. Backyard features lots of playing area for children including a 2 Level tree house. Home comes with more bonuses New Appliances like Refrigerator, gas oven range, dishwasher, washer and dryer. This home shows pride of ownership from a nice family and holds more surprises. This is a must-see!

MLS number
X13506510
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
2
Postal code
N5Y 4S9
Photos
38
Laundry
Not in the unit
74days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Hillcrest Public School
Thames Valley DSB
Elementary355 m7.1 / 10
71% met the standard
Montcalm Secondary School
Thames Valley DSB
Secondary750 m4.9 / 10
49% met the standard · 2 of 6 measures
Lord Elgin Public School
Thames Valley DSB
Elementary1.3 km3.4 / 10
34% met the standard
École élémentaire Gabriel-Dumont
CS Viamonde
Elementary1.2 kmNot reported
École secondaire catholique Monseigneur-Bruyère
Conseil scolaire catholique Providence
Secondary1.2 km7.5 / 10
75% met the standard · 2 of 6 measures
École élémentaire catholique Monseigneur-Bruyère
Conseil scolaire catholique Providence
Elementary1.2 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in East A131 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$573k$618k$662k20252026this home’s asking price
$575klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d17d35d20252026
25dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in east a. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,497 people.

$113,000Median household income
100%Own their home
99%Detached houses
39.6Median age
30.9%Born outside Canada
26.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390652 — the few blocks around this address, home to 1,497 people. It describes the area, not this property.

1,497Population
38.6Average age
3.1Household size
$124,000Average household income
$113,000Median household income
100%Own their home
0%Rent
0%Condominiums
31%Born outside Canada
26%University degree
$626,000Average home value
2%Low income
44%Not in the labour force
26%Never married
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,99913%
$125,000 to $149,9998%
$150,000 to $199,99911%
$200,000 and over7%

Percentages are of the 780 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$119,000 · minimum here is $34,500
$2,634.53per month
Borrowed before insurance$476,000
Total borrowed$476,000
Interest over 25 years at 4.5%$314,359

If you rented it out

-$3,017.28per month out of pocket
Rent$0.00
Everything it costs to hold$3,017.28
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.