$599,000

For sale

54 Miles Street, London East (East F) - Single Family for Sale

54 Miles Street, London East (East F), Ontario, N5Y2T6

2 beds3 baths3 parking1,300 ft²50 × 142 ft (7,101 sq ft) lot sizeListed 38 days ago

Overview

This 2-bedroom, 3-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Its $599,000 asking price sits right in line with the $599,000 median in London East. It has been on the market 38 days, fresher than the London East average of 74 days.

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Description

Welcome to this beautifully renovated and exceptionally well-maintained home, offering a modern design, thoughtful updates, and incredible flexibility for today's lifestyle. Located on a quiet, family-friendly street with great neighbours, this home is ideally situated close to shopping, schools, parks, restaurants, transit, and all the amenities you need. One of the standout features is the in-law suite potential, complete with a separate entrance, providing an excellent opportunity for extended family, guests, or additional rental income to offset your mortgage plus additional den. The flexible layout makes this home a smart choice for both families and investors alike. Step outside and enjoy the large backyard, offering plenty of space for entertaining, summer gatherings, kids, pets, gardening, or simply relaxing outdoors. With its peaceful setting and welcoming neighbourhood, this property offers the perfect balance of comfort, convenience, and functionality. A rare opportunity to own a thoughtfully renovated home in a fantastic location-move in, enjoy, and make it your own! (id:66096)

Property Details

MLS®: X13841058
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 50 × 142 ft (7,101 sq ft)
Frontage: 49 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,751.28/yr
Listed: 38 days ago

Rooms

Second level

Bedroom: 5.36 x 10.6 meters
Bathroom: 2.37 x 3.09 meters

Main level

Bedroom 2: 3.5 x 3.13 meters
Bathroom: 2.37 x 1.47 meters
Kitchen: 2.37 x 4.05 meters
Living room: 3.44 x 4.96 meters
Dining room: 3.46 x 3.9 meters

Lower level

Kitchen: 2.11 x 3.02 meters
Bathroom: 2.41 x 1.28 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, Water Heater
Foundation: Concrete
Exterior: Wood

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

London East (East F) listings, avg age

74d

Price / ft²

$461

List price

$599K

Haho

This 2-bed single family in London East (East F) has been listed for 38 days, which is 36 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX CENTRE CITY REALTY INC. · EHREN SCHEFFLER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $599,000, about 9.4× the local median household income of $63,600.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.

Median household income: $63,600
Population: 35,934
Median age: 35.6
Owner / renter: 45% / 55%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Y)

$599,000· $461/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$479/mo

Total monthly$3,607

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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