$435,000

For saleJust listed

211 Burnside Drive, London East (East I) - Single Family for Sale

211 Burnside Drive, London East (East I), Ontario, N5V1B8

5 beds2 baths3 parking900 ft²60 × 120 ft (7,200 sq ft) lot sizeListed Today

Overview

This 5-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $435,000, it is attractively priced about 13% below the $499,900 median asking price in London East. It has been on the market 0 days, fresher than the London East average of 53 days.

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Description

Welcome to 211 Burnside Drive! This 3 plus 1 bedroom, 2 bathroom home offers great potential to be in a lovely family neighbourhood. Outside, the property sits on a large 60ft x 120ft lot features a detached 11ft x 32ft garage along with ample driveway parking, providing excellent space for vehicles, hobbies, storage, or a workshop setup. Situated on a mature lot in East London with convenient access to public transit, schools, parks, shopping and easy access to Veteran's Memorial Pkwy and the 401! Whether you're a first-time home buyer searching for value, an investor wanting to add to your portfolio, or someone looking for a property with renovation potential, this home presents an excellent opportunity in today's market. (id:66096)

Property Details

MLS®: X14151134
Property Type: Single Family
Zoning: R1-9
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 60 × 120 ft (7,200 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.26 x 3.51 meters
Dining room: 2.39 x 3.38 meters
Kitchen: 4.02 x 3.38 meters
Bedroom: 3.3 x 3.28 meters
Bedroom 2: 2.52 x 3.32 meters
Bedroom 3: 3.35 x 2.92 meters
Bathroom: 2.59 x 1.68 meters

Basement

Family room: 5.36 x 3.48 meters
Laundry room: 4.24 x 3.41 meters
Bathroom: 2.85 x 2.21 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London East (East I) listings, avg age

53d

Price / ft²

$483

List price

$435K

Haho

This 5-bed single family in London East (East I) has been listed for 0 days, which is 53 days fresher than the city average of 53. Act while there is still low competition.

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Listed by THRIVE REALTY GROUP INC. · KIM USHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5V)

This home lists at $435,000, about 5.8× the local median household income of $74,500.

Carrying it typically needs a household income of about $84,971 (20% down, 25-yr amortization, stress-tested) — roughly 14% 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)

$435,000· $483/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,750

Min 5%50%

Mortgage payment$2,291/mo

↳ CMHC premium ($16,530 capitalized)

Property tax (est.)$267/mo

Total monthly$2,558

Cash Needed to Close

Down payment (5%)$21,750

Land transfer tax$5,175

Est. closing costs$3,805

Total cash needed$30,730

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