$489,900

For sale

444 Forest Lawn Avenue, London East (East I) - Single Family for Sale

444 Forest Lawn Avenue, London East (East I), Ontario, N5V1T1

4 beds2 baths6 parking1,300 ft²66 × 191 ft (12,586 sq ft) lot sizeListed 13 days ago

Overview

This 4-bedroom, 2-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Its $489,900 asking price sits right in line with the $499,900 median in London East. It has been on the market 13 days, fresher than the London East average of 52 days.

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Description

This is a fantastic deal on a large uniquely designed one floor property. Nestled in on a court location with an abundance of mature trees, creates an ideal atmosphere to raise a family. Two separate sliding doors open up onto an oversized deck offering a tranquil view of the large in-ground swimming pool and mature property. Tons of space for gardens, greenhouses and pets. You will quickly see this home is like living in the country with all the city amenities. Main floor laundry could easily be turned back into a 4th bedroom. The massive driveway is perfect for a large garage. The mostly unfinished basement with separate entrance is just waiting for your touch to create more living space or add an in-law suite. Easy highway access and lots of shopping close by. (id:66096)

Property Details

MLS®: X14112332
Property Type: Single Family
Zoning: R1-6
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 66 × 191 ft (12,586 sq ft)
Frontage: 66 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Ownership

Rooms

Main level

Living room: 5.91 x 3.72 meters
Dining room: 4.17 x 2.99 meters
Kitchen: 2.66 x 2.54 meters
Den: 3.36 x 3.22 meters
Bedroom 2: 2.65 x 4.4 meters
Laundry room: 2.74 x 2.44 meters
Bedroom 3: 3.74 x 3.5 meters
Primary Bedroom: 4.65 x 3.71 meters
Bathroom: 2.72 x 2.12 meters
Bathroom: 2.04 x 1.54 meters

Basement

Features

Appliances: Washer, Dishwasher, Stove, Oven, Dryer
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Vinyl siding, Cedar Siding
Lot Features: Cul-de-sac, Wooded area, Flat site, Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

London East (East I) listings, avg age

52d

Price / ft²

$377

List price

$490K

Haho

This 4-bed single family in London East (East I) has been listed for 13 days, which is 39 days fresher than the city average of 52. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · AARON TRIPP

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5V)

This home lists at $489,900, about 6.6× the local median household income of $74,500.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$489,900· $377/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Property tax (est.)$272/mo

Total monthly$2,853

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$6,273

Est. closing costs$3,970

Total cash needed$34,738

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