$579,900

$599,900For salePrice drop↓ $20,000 (3%)

369 OAKLAND Avenue, London East (East M) - Single Family for Sale

369 OAKLAND Avenue, London East (East M), Ontario, N5W4J8

3 beds1 bath2 parking1,300 ft²32 × 123 ft (3,930 sq ft) lot sizeListed 53 days ago

Overview

This 3-bedroom, 1-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. It has been on the market 53 days, fresher than the London East average of 56 days.

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Description

Welcome to 369 Oakland Avenue, a charming all-brick bungalow offering timeless character, a functional layout and a low-maintenance exterior in an established East London neighbourhood. Step inside to find beautiful hardwood flooring and distinctive cove ceilings in the spacious living and dining areas. The inviting living room features an electric fireplace flanked by built-in bookcases, adding warmth and character to the space. The generous dining room is highlighted by a bay window that brings in plenty of natural light. The main floor offers three bedrooms, making this a great option for families, first-time buyers, downsizers or investors. A full-width covered front verandah adds to the home's classic curb appeal and provides a welcoming outdoor space to relax. Conveniently located close to shopping, schools, public transit, everyday amenities and with easy access to downtown London. A solid home with plenty of character, space and potential-come see what 369 Oakland Avenue has to offer. (id:66096)

Property Details

MLS®: X13780120
Property Type: Single Family
Zoning: R2-2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 32 × 123 ft (3,930 sq ft)
Frontage: 32 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 5.19 x 3.05 meters
Dining room: 3.93 x 3.32 meters
Kitchen: 3.35 x 3.35 meters
Bedroom: 3.45 x 3.45 meters
Bedroom 2: 3.04 x 2.43 meters
Bedroom 3: 3.5 x 2.74 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, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Wooded area

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

53d

London East (East M) listings, avg age

56d

Price / ft²

$446

List price

$580K

Haho

This 3-bed single family in London East (East M) has been listed for 53 days, which is 3 days fresher than the city average of 56. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · DURGA PRASAD AARIPAKA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $579,900, about 9.0× the local median household income of $64,500.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$579,900· $446/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$207/mo

Total monthly$3,239

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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