$379,900

$389,900For salePrice drop↓ $10,000 (3%)

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1628 Churchill Avenue, London East (East H) - Single Family for Sale

1628 Churchill Avenue, London East (East H), Ontario, N5W2K9

2 beds1 bath parking

1506 Rushland Avenue, London East (East H), Ontario, N5V1X5

5 bd2 ba8 pk900 ft²Lot size 56 × 136 ft (7,616 sq ft)

Listed by SUTTON GROUP - SELECT REALTY INC.

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3 bd1 ba2 pk900 ft²Lot size 30 × 125 ft (3,756 sq ft)

Listed by Coldwell Banker Neumann Real Estate

1843 Park Avenue, London East (East H), Ontario, N5W2J7

For sale

7 days ago

$550K

1843 Park Avenue, London East (East H), Ontario, N5W2J7

4 bd2 ba5 pk900 ft²Lot size 51 × 147 ft (7,497 sq ft)

Listed by THE REALTY FIRM PRESTIGE BROKERAGE INC.

361 Spruce Street, London East (East H), Ontario, N5W4N9

For sale

9 days ago

$500K

361 Spruce Street, London East (East H), Ontario, N5W4N9

3 bd2 ba3 pk900 ft²Lot size 41 × 157 ft (6,350 sq ft)

Listed by PRIME REAL ESTATE BROKERAGE

Investment analysis

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$379,900

London East

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Overview

This 2-bedroom, 1-bathroom home in London East is for sale offering roughly 350 sq ft of space. Listed at $379,900, it is attractively priced about 24% below the $499,900 median asking price in London East. It has been on the market 35 days, fresher than the London East average of 66 days.

Houses for Sale in London East →All real estate in London East →

Description

Small but mighty! This charming 2-bedroom home is a great opportunity for first-time buyers, downsizers, or investors. Fresh updates include a brand-new bathroom, custom blinds, and new front and rear decks that extend your living space outdoors and are perfect for relaxing or entertaining. The fully fenced backyard offers plenty of room to enjoy, along with a large garden shed for extra storage. Inside, you'll find a comfortable, functional layout, while the unfinished basement provides additional storage and future potential. An affordable opportunity to get into the London market at $389,900 - cute, updated, and ready for its next owner! (id:66096)

Property Details

MLS®: X13851748
Property Type: Single Family
Zoning: R2-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 350 ft²
Lot Size: 35 × 112 ft (3,924 sq ft)
Frontage: 35 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,246/yr
Listed: 35 days ago

Area context

Neighbourhood profile (N5W)

This home lists at $379,900, about 5.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $74,208 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$379,900· $1,087/ft²

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Full Cost Breakdown

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Down Payment5% · $18,995

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,436 capitalized)

Property tax (est.)$187/mo

Total monthly$2,188

Cash Needed to Close

Down payment (5%)$18,995

Land transfer tax$4,174

Est. closing costs$3,640

Total cash needed$26,809

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

1628 Churchill Avenue, London East (East H) - Single Family for Sale

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