$449,000

For sale

122 Garland Lane, London East (East I) - Single Family for Sale

122 Garland Lane, London East (East I), Ontario, N5V3K8

3 beds3 baths3 parking1,300 ft²28 × 148 ft (4,152 sq ft) lot sizeListed 37 days ago

Overview

This 3-bedroom, 3-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Listed at $449,000, it is attractively priced about 10% below the $499,900 median asking price in London East. It has been on the market 37 days, fresher than the London East average of 49 days.

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Description

Welcome to 122 Garland Lane! This well-maintained 3-bedroom, 2.5-bath semi-detached home offers great curb appeal with a welcoming front porch and parking for up to four vehicles. The spacious main floor features newer flooring, fresh paint, and a bright, functional layout, while the large primary bedroom provides plenty of room to relax. The finished basement adds valuable living space and includes a new 3-piece bathroom. Outside, enjoy two sheds and a gazebo, offering excellent storage and a great space for outdoor entertaining. The kitchen is complemented by a new stainless steel fridge and stove, making this home move-in ready and ideal for families, first-time buyers, or anyone looking for a comfortable home with plenty of space and updates. (id:66096)

Property Details

MLS®: X13845086
Property Type: Single Family
Zoning: R2-2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 28 × 148 ft (4,152 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Second level

Bathroom
Bedroom 3: 3.17 x 2.43 meters
Bedroom 2: 3.04 x 2.74 meters
Primary Bedroom: 5.18 x 2.99 meters

Basement

Laundry room
Bathroom
Family room: 3.86 x 6 meters

Main level

Kitchen: 5.45 x 2.74 meters
Living room: 4.31 x 3.81 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Dry

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

London East (East I) listings, avg age

49d

Price / ft²

$345

List price

$449K

Haho

This 3-bed single family in London East (East I) has been listed for 37 days, which is 12 days fresher than the city average of 49. Act while there is still low competition.

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Listed by PINHEIRO REALTY LTD · JASON PINHEIRO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5V)

This home lists at $449,000, about 6.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $74,500
Population: 32,961
Median age: 36.4
Owner / renter: 62% / 38%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N5V)

$449,000· $345/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$221/mo

Total monthly$2,586

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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