$399,000

For saleJust listed

55 Linwood Street, London East (East C) - Single Family for Sale

55 Linwood Street, London East (East C), Ontario, N5Y1W1

2 beds1 bath2 parking900 ft²33 × 132 ft (4,356 sq ft) lot sizeListed 4 days ago

Overview

This 2-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $399,000, it is attractively priced about 18% below the $488,000 median asking price in London East. It has been on the market 4 days, fresher than the London East average of 43 days.

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Description

Welcome to 55 Linwood Street, a cozy and unique bungalow thats full of charm and potential. Currently a one-bedroom, one-bathroom home, it can easily be converted back into a two-bedroom layout to suit your needs. Everything is on one level, making it convenient and accessible for all lifestyles. Recent updates include a durable metal roof built to last for decades, an 8-year-old furnace and central air conditioning system, and energy-efficient double-pane vinyl windows, electrical panel giving you peace of mind and long-term savings. The property also features well-maintained front and back yards, with the backyard offering a true garden paradise complete with a variety of plants, a small greenhouse, and a garden shed. Cute as a button and move-in ready, this home is ideal for first-time buyers, downsizers, or anyone looking for a peaceful retreat with room to grow. Situated in a well-connected neighborhood close to schools, shopping, transit, and all amenities, this property is an affordable opportunity you wont want to miss. (id:66096)

Property Details

MLS®: X14137004
Property Type: Single Family
Zoning: R1-5
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 33 × 132 ft (4,356 sq ft)
Frontage: 33 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.35 x 3.35 meters
Dining room: 2.74 x 3.35 meters
Kitchen: 3.35 x 3.05 meters
Bedroom: 5.49 x 2.5 meters
Sitting room: 2.74 x 4.27 meters

Basement

Bedroom 2: 2.4 x 3.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove
Foundation: Poured Concrete
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London East (East C) listings, avg age

43d

Price / ft²

$443

List price

$399K

Haho

This 2-bed single family in London East (East C) has been listed for 4 days, which is 39 days fresher than the city average of 43. 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 (N5Y)

This home lists at $399,000, about 6.3× the local median household income of $63,600.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 23% 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)

$399,000· $443/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$235/mo

Total monthly$2,336

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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