$329,900

For sale

1010 Kipps Lane, London East (East A) - Single Family for Sale

1010 Kipps Lane, London East (East A), Ontario, N5Y4S5

3 beds2 baths1 parking1,300 ft²$542/mo condo feeListed 28 days ago

Overview

This 3-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,300 sq ft of space. Its $329,900 asking price sits right in line with the $320,000 median in London East. It has been on the market 28 days, fresher than the London East average of 50 days.

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Description

Feature Highlights- Kitchen has bright window lighting & modern new appliances fridge, stove, dishwasher, microwave, new cookware and opens up adjacent to dining / living room- Bedrooms feature vaulted ceilings and ceiling fans- Living Room hardwood floors, gas fireplace with google thermostat, new dining room, couch, glass table, Flat screen TV.- 2 convenient entrances secured with modern keypad locks - one to parking entrance with assigned parking in front that fits 2 cars. The 2nd entrance opens up to a private front yard and patio right next to pool and large playground.- Basement - features 2nd fireplace, private bedroom with window, new washer / dryer laundry, large room Located in a desirable neighborhood, this townhouse offers a convenient lifestyle with easy access to amenities, shopping centers, and transportation routes. Enjoy the best of both worlds - a tranquil residential setting with urban conveniences at your doorstep. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: X13873670
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Condo Fee: $542/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Dining room: 4.98 x 4.57 meters
Dining room: 2.64 x 3.38 meters

Second level

Bedroom: 3.66 x 2.29 meters
Bedroom 2: 4.47 x 2.92 meters
Bedroom 3: 3.89 x 2.62 meters

Basement

Utility room: 2.54 x 2.54 meters
Den: 4.57 x 3.66 meters
Recreational, Games room: 4.39 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Brick
Lot Features: Wheelchair access, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

London East (East A) listings, avg age

50d

Price / ft²

$254

List price

$330K

Haho

This 3-bed single family in London East (East A) has been listed for 28 days, which is 22 days fresher than the city average of 50. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $329,900, about 5.2× the local median household income of $63,600.

Carrying it typically needs a household income of about $64,441 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $63,600
Population: 35,934
Median age: 35.6
Owner / renter: 45% / 55%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Y)

$329,900· $254/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,495

Min 5%50%

Mortgage payment$1,738/mo

↳ CMHC premium ($12,536 capitalized)

Property tax (est.)$119/mo

Condo fee$542/mo

Total monthly$2,399

Cash Needed to Close

Down payment (5%)$16,495

Land transfer tax$3,424

Est. closing costs$3,490

Total cash needed$23,409

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