$378,000

$400,500For salePrice drop↓ $22,500 (6%)

16 Lansdowne Avenue, London East (East L) - Single Family for Sale

16 Lansdowne Avenue, London East (East L), Ontario, N5Z1X8

2 beds1 bath7 parking1,300 ft²40 × 109 ft (4,364 sq ft) lot sizeListed 34 days ago

Overview

This 2-bedroom, 1-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Listed at $378,000, it is attractively priced about 5% below the $399,900 median asking price in London East. It has been on the market 34 days, fresher than the London East average of 72 days.

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Description

Welcome to 16 Lansdowne Ave. This charming 1.5-storey home offers excellent curb appeal and a functional layout throughout. The main level features a bright living room, separate dining room, lovely 4-piece bathroom, spacious kitchen, and a versatile sunroom with patio doors leading to the backyard, providing valuable additional living space.The upper level offers two bedrooms and a den, ideal for a home office, hobby room, or additional storage space.Step outside to enjoy the spacious backyard, complete with a large deck and gazebo, perfect for relaxing, entertaining guests, or enjoying outdoor gatherings. The impressive detached 2.5-car tandem garage provides exceptional space for vehicles, storage, hobbies, or workshop use.Conveniently located close to schools, parks, shopping, public transit, and all essential amenities, this property is situated in a well-established neighbourhood and offers a wonderful opportunity to call home. (id:66096)

Property Details

MLS®: X13857922
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 40 × 109 ft (4,364 sq ft)
Frontage: 40 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,598/yr
Listed: 34 days ago

Features

Foundation: Block, Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

London East (East L) listings, avg age

72d

Price / ft²

$291

List price

$378K

Haho

This 2-bed single family in London East (East L) has been listed for 34 days, which is 38 days fresher than the city average of 72. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · DIDI ROBERTS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $378,000, about 5.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $73,837 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$378,000· $291/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,900

Min 5%50%

Mortgage payment$1,991/mo

↳ CMHC premium ($14,364 capitalized)

Property tax (est.)$217/mo

Total monthly$2,207

Cash Needed to Close

Down payment (5%)$18,900

Land transfer tax$4,145

Est. closing costs$3,634

Total cash needed$26,679

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