$509,900

For sale

1678 Dale Street, London East (East H) - Single Family for Sale

1678 Dale Street, London East (East H), Ontario, N5V1Y2

5 beds2 baths5 parking900 ft²54 × 131 ft (7,079 sq ft) lot sizeListed 19 days ago

Overview

This 5-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Its $509,900 asking price sits right in line with the $499,900 median in London East. It has been on the market 19 days, fresher than the London East average of 69 days.

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Description

Versatile property that will appeal to investors, buyers looking for a mortgage helper or large family wanting a move-in ready place to settle. This brick bungalow sits on a fenced lot within walking distance to Fanshawe College near schools, shopping and transit. It has been freshly painted and is mostly carpet free. Plenty of bedrooms, two bathrooms, and convenient stackable washer and dryer (2021) in the lower level plus parking for at least five vehicles. Updates (per previous listing) include shingles (2017), eaves and soffits (2020), exterior doors (2017/2018) and most windows have been replaced. Furnace updated in 2021. With the large living room and convenient lower rec room, there is ample room for everyone to gather or have some space. Property is easy to show and quick possession is possible/preferred. (id:66096)

Property Details

MLS®: X14087966
Property Type: Single Family
Zoning: R1-6
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 54 × 131 ft (7,079 sq ft)
Frontage: 54 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 6.7 x 3.35 meters
Kitchen: 5.79 x 4.62 meters
Primary Bedroom: 3.96 x 3.65 meters
Bedroom: 4.11 x 3.86 meters

Lower level

Recreational, Games room: 5.84 x 3.04 meters
Bedroom: 6.75 x 2.74 meters
Bedroom: 3.35 x 4.41 meters
Bedroom: 3.25 x 2.99 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, Gas stove(s), Dishwasher, Dryer
Foundation: Concrete
Exterior: Brick
Lot Features: Wooded area, Flat site

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

London East (East H) listings, avg age

69d

Price / ft²

$567

List price

$510K

Haho

This 5-bed single family in London East (East H) has been listed for 19 days, which is 50 days fresher than the city average of 69. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · CINDY TREMBLAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5V)

This home lists at $509,900, about 6.8× the local median household income of $74,500.

Carrying it typically needs a household income of about $99,601 (20% down, 25-yr amortization, stress-tested) — roughly 34% 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)

$509,900· $567/ft²

For sale

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Full Cost Breakdown

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Down Payment5.10% · $25,990

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,356 capitalized)

Property tax (est.)$334/mo

Total monthly$3,017

Cash Needed to Close

Down payment (5.10%)$25,990

Land transfer tax$6,673

Est. closing costs$4,030

Total cash needed$36,693

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