$479,900

For sale

218 Vancouver Street, London East (East H) - Single Family for Sale

218 Vancouver Street, London East (East H), Ontario, N5W4R8

3 beds2 baths4 parking900 ft²50 × 120 ft (6,032 sq ft) lot sizeListed 53 days ago

Overview

This 3-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Its $479,900 asking price sits right in line with the $499,000 median in London East. It has been on the market 53 days, fresher than the London East average of 65 days.

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Description

You will love this affordable and well-maintained 2+1 bedroom bungalow located in the popular Argyle neighbourhood. Situated on a generous lot, this home offers plenty of space for first-time buyers, downsizers, or investors alike. The main floor features a bright and functional layout, while the fully finished lower level, completed in 2023, adds valuable living space with super intriguing and durable epoxy flooring, a 2-piece bathroom, and an additional bedroom or office. Major updates include newer windows, a roof replaced in 2020, and spray foam insulation on the lower foundation walls and rim joists for improved energy efficiency and comfort. Enjoy the added living space provided by the rear sunroom and deck, perfect for relaxing or entertaining. Large rear yard, enjoy summer nights around the fire pit. With room to add your own personal touches and continue building equity, this home offers exceptional value in a family-friendly neighbourhood close to schools, parks, shopping, and amenities. Don't miss this opportunity! (id:66096)

Property Details

MLS®: X13780286
Property Type: Single Family
Zoning: R1-7
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 50 × 120 ft (6,032 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership

Rooms

Lower level

Family room: 5.37 x 3.12 meters
Recreational, Games room: 5.37 x 3.12 meters
Bedroom: 3.08 x 2.72 meters

Main level

Bedroom: 2.99 x 2.44 meters
Kitchen: 4.36 x 3.44 meters
Living room: 5.91 x 3.66 meters
Primary Bedroom: 3.66 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, Water meter, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Irregular lot size, Flat site

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

London East (East H) listings, avg age

65d

Price / ft²

$533

List price

$480K

Haho

This 3-bed single family in London East (East H) has been listed for 53 days, which is 12 days fresher than the city average of 65. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · DAVID GIOVANNIELLO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $479,900, about 7.4× the local median household income of $64,500.

Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — roughly 45% 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)

$479,900· $533/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,995

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,236 capitalized)

Property tax (est.)$198/mo

Total monthly$2,726

Cash Needed to Close

Down payment (5%)$23,995

Land transfer tax$6,073

Est. closing costs$3,940

Total cash needed$34,008

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