$359,900

$384,999For salePrice drop↓ $25,099 (7%)

367 Hamilton Road, London East (East L) - Single Family for Sale

367 Hamilton Road, London East (East L), Ontario, N5Z1R6

4 beds2 baths8 parking900 ft²58 × 144 ft (8,338 sq ft) lot sizeListed 34 days ago

Overview

This 4-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $359,900, it is attractively priced about 10% 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 70 days.

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Description

Great starter home! This 4-bedroom, 1.5-bath, 2-storey Victorian yellow brick home is a first-time homebuyer's dream. Blending timeless charm and character with modern updates. This affordable beauty sits on a large, private lot and features a detached double-car garage. Large private driveway allows for convenient 6 car parking. The main floor boasts high ceilings and large, airy formal living room, which is bright with ample natural light. A convenient main-floor bedroom and bathroom offer excellent privacy for guests. Major capital updates provide total peace of mind, including a new roof, brand new powder room on the main floor, updated electrical panel, recently installed furnace (2022) and a newer AC system (2018). All appliances are included. (id:66096)

Property Details

MLS®: X13848952
Property Type: Single Family
Zoning: BDC 35 (H13)
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 8
Interior Size: 900 ft²
Lot Size: 58 × 144 ft (8,338 sq ft)
Frontage: 57 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Oven, Dryer, Alarm System, Water Heater
Foundation: Brick
Exterior: Brick
Lot Features: Flat site, Dry, Carpet Free, Guest Suite

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

34d

London East (East L) listings, avg age

70d

Price / ft²

$400

List price

$360K

Haho

This 4-bed single family in London East (East L) has been listed for 34 days, which is 36 days fresher than the city average of 70. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · MIKE PACHUCKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $359,900, about 5.6× the local median household income of $64,500.

Carrying it typically needs a household income of about $70,301 (20% down, 25-yr amortization, stress-tested) — roughly 9% 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)

$359,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,995

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,676 capitalized)

Property tax (est.)$210/mo

Total monthly$2,105

Cash Needed to Close

Down payment (5%)$17,995

Land transfer tax$3,874

Est. closing costs$3,580

Total cash needed$25,449

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