$349,900

For sale

1053 Frances Street, London East (East M) - Single Family for Sale

1053 Frances Street, London East (East M), Ontario, N5W2L8

2 beds2 baths2 parking900 ft²41 × 132 ft (5,452 sq ft) lot sizeListed 36 days ago

Overview

This 2-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $349,900, it is attractively priced about 18% below the $429,000 median asking price in London East. It has been on the market 36 days, fresher than the London East average of 55 days.

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Description

Wow, hold the press!!! An adorable house like this for under 350K, what a deal. We have a very motivated seller and have an appraisal from June 2026 at 400K. This adorable, 2-bedroom, 2 full bath house in Old East Village has outstanding charm, sure to captivate and a huge private backyard. Spacious kitchen has a gas countertop range, lots of cupboards and leads to the main floor laundry, 3-piece bathroom and patio doors to a large deck. Huge backyard with side ramp leading up to the deck, perfect for those with mobility issues, plus garden shed and fire pit. Parking for 2 cars and a private front porch. Basement has a workshop, plenty of cabinets, large utility room, and open area, perfect for rec room plus a pool table. Located on a quiet street, within walking distance of 100 Kellogg Lane, one of Canada's premier entertainment districts. Perfect home for first time homebuyers or looking to downsize. (id:66096)

Property Details

MLS®: X13851022
Property Type: Single Family
Zoning: r2-2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 41 × 132 ft (5,452 sq ft)
Frontage: 41 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 3.04 x 1.73 meters
Primary Bedroom: 4.01 x 3.02 meters
Living room: 5.12 x 2.98 meters
Bedroom: 3.6 x 2.76 meters
Bathroom: 2.76 x 1.44 meters
Kitchen: 4.14 x 3.66 meters
Bathroom: 2.1 x 1.82 meters

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

Features

Appliances: Dishwasher, Range, Microwave, Water Heater - Tankless
Flooring: Hardwood
Foundation: Block
Exterior: Vinyl siding
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

London East (East M) listings, avg age

55d

Price / ft²

$389

List price

$350K

Haho

This 2-bed single family in London East (East M) has been listed for 36 days, which is 19 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · SUZANNE AZIZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $349,900, about 5.4× the local median household income of $64,500.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $64,500
Population: 24,740
Median age: 40.4
Owner / renter: 59% / 41%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N5W)

$349,900· $389/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$198/mo

Total monthly$2,041

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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