Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

716 Monsarrat Avenue, London East, ON N5Y 4M9

2 beds · 2 baths · 1 kitchen · 6+2 rooms · 3 parking spaces · 1100-1500 sq ft · Detached
$539,000
Property tax
$4,505 / year

A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a partially covered deck wrapping around the rear of the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished lower level is a blank slate with large open concept area, 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, large deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment. Get in here quick so you can enjoy this backyard oasis this summer.

MLS number
X13660804
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N5Y 4M9
Photos
29
32days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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
Northbrae Public School
Thames Valley DSB
Elementary163 m5.1 / 10
51% met the standard
Louise Arbour French Immersion Public School
Thames Valley DSB
Elementary211 m7.5 / 10
75% met the standard
École secondaire catholique Monseigneur-Bruyère
Conseil scolaire catholique Providence
Secondary539 m7.5 / 10
75% met the standard · 2 of 6 measures
École élémentaire catholique Monseigneur-Bruyère
Conseil scolaire catholique Providence
Elementary568 mNot reported
London Community Hebrew Day SchoolElementary629 mNot reported
École élémentaire Gabriel-Dumont
CS Viamonde
Elementary582 mNot 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
$537k$600k$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 391 people.

$79,500Median household income
83.3%Own their home
75.9%Detached houses
41.6Median age
21.5%Born outside Canada
20%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390645 — the few blocks around this address, home to 391 people. It describes the area, not this property.

391Population
42.4Average age
2.7Household size
$86,000Average household income
$79,500Median household income
83%Own their home
17%Rent
0%Condominiums
22%Born outside Canada
20%University degree
$440,000Average home value
10%Low income
63%Not in the labour force
31%Never married
$25,000 to $29,9993%
$30,000 to $34,9993%
$45,000 to $49,9993%
$50,000 to $59,9998%
$60,000 to $69,9998%
$70,000 to $79,9998%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over28%
$100,000 to $124,99911%
$125,000 to $149,9998%
$150,000 to $199,9998%

Percentages are of the 180 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.

$107,800 · minimum here is $28,900
$2,386.58per month
Borrowed before insurance$431,200
Total borrowed$431,200
Interest over 25 years at 4.5%$284,773

If you rented it out

-$2,761.99per month out of pocket
Rent$0.00
Everything it costs to hold$2,761.99
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 SUTTON GROUP - SELECT REALTY. Listing data provided by the Toronto Regional Real Estate Board.