$509,000
London East
Times shown are local to the property.
716 Monsarrat Avenue, London East (East A), Ontario, N5Y4M9
This 2-bedroom, 2-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Listed at $509,000, it is attractively priced about 11% below the $574,900 median asking price in London East. It has been on the market 35 days, fresher than the London East average of 48 days.
A well maintained 2 bedroom, 2 bathroom home offering comfortable and functional living spaces throughout. It offers decks front and back on a great sized lot in a quiet family friendly neighbourhood close to schools, parks, shopping and all essential amenities. You enter into a well lit front living room with floor-to-ceiling painted white brick gas fireplace. Next is a newer open concept kitchen with dining, updated surfaces and cabinetry and a peninsula for entertaining. A large main floor family room with high ceilings and palladian window is at the back of the home leading out to a covered enclosed seating area to escape the sun, and a large deck wrapping around the rear of the home leading to pool and other covered side entrance to the home. The primary bedroom has been converted into a bedroom with dressing room, (the dressing room portion can easily be converted back to a 3rd bedroom for future use). A second good sized bedroom and updated bath complete the main floor. The finished part of lower level is a blank slate with large open concept area, roughly divided into bedroom, and 2 different rec rooms, one with 2nd gas fireplace and kitchenette (possible granny suite with side entrance), and also includes a laundry room /3 piece bathroom. Absolute picture perfect fully fenced treed rear yard offering complete privacy, large deck and 24 ft round above ground pool.This property is designed for both everyday living and outdoor enjoyment. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 48 days across the listings currently for sale in this city
This 2-bed single family in London East (East A) has been listed for 35 days, which is 13 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $509,000, about 8.0× the local median household income of $63,600.
Carrying it typically needs a household income of about $99,426 (20% down, 25-yr amortization, stress-tested) — roughly 56% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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