$449,000

For sale

743 Sevilla Park Place, London East (East C) - Single Family for Sale

743 Sevilla Park Place, London East (East C), Ontario, N5Y4H9

5 beds2 baths3 parking29 × 106 ft (3,074 sq ft) lot sizeListed 114 days ago

Overview

This 5-bedroom, 2-bathroom home in London East is for sale. Listed at $449,000, it is attractively priced about 6% below the $479,600 median asking price in London East.

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Description

Investor Alert or Perfect Family Home in Carling Heights! Turnkey, legal rental property strategically located with direct, short transit routes to both Western University and Fanshawe College. Highly sought-after by students, this meticulously maintained semi-detached home offers incredible cash-flow potential and a strong cap rate. The flexible layout features 5 generous bedrooms (including 3 on the main floor) with seamless potential for a 6th bedroom in the basement. Features 2 full 3-piece bathrooms for maximum convenience. Major capital updates include a durable, long-lasting steel roof for ultimate peace of mind. Excellent outdoor space with a spacious backyard, entertaining deck, dedicated bike shed, and ample driveway parking for 3+ vehicles. Nestled in a peaceful, family-friendly neighborhood surrounded by top schools, parks, shopping, and easy highway access. Whether scaling your portfolio or looking for a spacious family home, this property delivers. Don't miss out-schedule your private viewing today! some of the pictures are virtually staged. (id:66096)

Property Details

MLS®: X13569052
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Lot Size: 29 × 106 ft (3,074 sq ft)
Frontage: 29 ft
Storeys: 1
Style: Bungalow
Basement: Full, Separate entrance
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,621/yr
Listed

Rooms

Main level

Bedroom: 3.05 x 4.34 meters
Bedroom 2: 2.51 x 3.28 meters
Bedroom 3: 3 x 2.74 meters
Bathroom
Living room: 5.64 x 4.57 meters
Kitchen: 3 x 2.74 meters
Dining room: 2.51 x 3.05 meters

Basement

Bedroom: 2.67 x 4.47 meters
Bathroom
Recreational, Games room: 3.53 x 3.35 meters
Laundry room: 2.16 x 2.13 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

114d

London East (East C) listings, avg age

43d

List price

$449K

Haho

This 5-bed single family in London East (East C) 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 SHRINE REALTY BROKERAGE LTD. · TINA KOTHARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $449,000, about 7.1× the local median household income of $63,600.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 38% 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)

$449,000

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$302/mo

Total monthly$2,667

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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