$424,900

For sale

396 Avondale Road, London East (East H) - Single Family for Sale

396 Avondale Road, London East (East H), Ontario, N5W5B7

2 beds1 bath3 parking40 × 124 ft (4,952 sq ft) lot sizeListed 106 days ago

Overview

This 2-bedroom, 1-bathroom home in London East is for sale. Listed at $424,900, it is attractively priced about 15% below the $499,000 median asking price in London East.

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Description

Bright, Affordable, Charming Turn-Key 2 Bedroom (with Potential for a 3rd Bedroom), 1 Bathroom on a Private 40 X 123 Foot Lot with Parking for 3 Cars. Main Floor Includes Living Room, Large Eat-In Kitchen with Fridge, Stove, Bonus Dishwasher, Microwave, Plus Separate Dining Room that would make a Great 3rd Bedroom or Home Office, 2 Bedrooms and Nicely Updated 4 Piece Bathroom. Electric Wiring has been Professionally Updated throughout with a Modern Electrical Panel. R2-3 (Duplex) Zoning provides additional possibilities as the Side Door has Direct Access to the Basement. Lower Level provides Excellent Ceiling Clearance for the Recreation Room, Utility Room, Large Bright Laundry Room (with Washer & Dryer) and Bonus Utility Sink, as well as a Generous Workshop / Storage Area. The Private Treed Pet-Friendly Backyard has 3 Storage Sheds, Garden Areas and Your Very Own Outdoor Fireplace! Walking Distance to Shopping and Transit Anywhere in the City! Click on the Video for Your Virtual Tour! (id:66096)

Property Details

MLS®: X13599920
Property Type: Single Family
Zoning: R2-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Lot Size: 40 × 124 ft (4,952 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $2,414/yr
Listed

Rooms

Main level

Living room: 3.01 x 5.43 meters
Kitchen: 3.6 x 4.12 meters
Dining room: 2.71 x 3.47 meters
Bedroom: 2.68 x 2.83 meters
Bedroom: 2.68 x 2.83 meters

Lower level

Recreational, Games room: 6.22 x 4.53 meters
Laundry room: 3.38 x 2.9 meters
Utility room: 2.56 x 1.89 meters
Workshop: 6.31 x 4.51 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, Dishwasher, Stove, Dryer, Microwave
Foundation: Block
Exterior: Aluminum siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

106d

London East (East H) listings, avg age

65d

List price

$425K

Haho

This 2-bed single family in London East (East H) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 FIRST CANADIAN CORP · MIKE HARRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $424,900, about 6.6× the local median household income of $64,500.

Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$424,900

For sale

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Full Cost Breakdown

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Down Payment5% · $21,245

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,146 capitalized)

Property tax (est.)$201/mo

Total monthly$2,439

Cash Needed to Close

Down payment (5%)$21,245

Land transfer tax$4,973

Est. closing costs$3,775

Total cash needed$29,993

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