$367,900

$374,900For salePrice drop↓ $7,000 (2%)

1054 FLORENCE Street, London East (East M) - Single Family for Sale

1054 FLORENCE Street, London East (East M), Ontario, N5W2M8

2 beds1 bath6 parking900 ft²42 × 168 ft (7,081 sq ft) lot sizeListed 78 days ago

Overview

This 2-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $367,900, it is attractively priced about 14% below the $429,000 median asking price in London East.

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Description

Welcome to 1054 Florence Street! This beautifully updated bungalow places you in the heart of the city, just moments from the Western Fair and 100 Kellogg Lane. A covered front porch leads you inside to the inviting foyer where high ceilings immediately create a bright, open feel. The sun-drenched front living room features a decorative fireplace, a perfect space for relaxing. The updates are endless: a stunning new kitchen with extra height wall cabinetry (2025) and stainless steel appliances (all less than 4 years old), brand-new vinyl flooring throughout (2026), modern LED light fixtures, and updated dimmer switches. Major mechanicals are covered too, featuring an owned water heater (2024) and a brand-new A/C unit (2023). Storage is abundant with a versatile backroom and partial basement. Outside, the perks continue with a spacious backyard, massive 32'6" x 14'11" garage featuring a workshop/storage area, plus parking for 6 vehicles (5 in the driveway, 1 in the garage). Don't miss this turn-key gem! (id:66096)

Property Details

MLS®: X13695420
Property Type: Single Family
Zoning: R2-2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 42 × 168 ft (7,081 sq ft)
Frontage: 42 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 2.74 x 4.47 meters
Kitchen: 3.3 x 3.4 meters
Primary Bedroom: 3.38 x 2.85 meters
Bedroom 2: 3.3 x 2.85 meters
Bathroom: 2.01 x 2.03 meters
Dining room: 3.38 x 3.38 meters
Laundry room: 3.02 x 1.88 meters
Mud room: 3.12 x 4.37 meters
Other: 1.8 x 3.33 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
Foundation: Concrete
Exterior: Stucco, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

78d

London East (East M) listings, avg age

56d

Price / ft²

$409

List price

$368K

Haho

This 2-bed single family in London East (East M) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BLUE FOREST REALTY INC. · BRIDGET GATSCHENE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $367,900, about 5.7× the local median household income of $64,500.

Carrying it typically needs a household income of about $71,864 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$367,900· $409/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,395

Min 5%50%

Mortgage payment$1,938/mo

↳ CMHC premium ($13,980 capitalized)

Property tax (est.)$201/mo

Total monthly$2,139

Cash Needed to Close

Down payment (5%)$18,395

Land transfer tax$3,994

Est. closing costs$3,604

Total cash needed$25,993

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