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$529,900

$574,900For salePrice drop↓ $45,000 (8%)

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797 Colborne Street, London East (East B) - Single Family for Sale

797 Colborne Street, London East (East B), Ontario, N6A3Z8

3 beds1 bath4 parking900 ft²48 × 175 ft (8,400 sq ft) lot sizeListed 49 days ago

Overview

This 3-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $529,900, it is attractively priced about 32% below the $775,000 median asking price in London East.

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Description

This is your opportunity to establish roots in prestigious Old North. From the moment you arrive, the inviting covered front porch sets a warm, welcoming tone. Inside, the open-concept floor plan connects a full kitchen to a cozy family room, creating a bright and cohesive main living area with direct access to the back deck. Step outside into a backyard built for entertaining and relaxation. Expansive for the area, the deep, fully fenced lot features a shaded deck with gazebo, a versatile storage shed, and meticulous landscaping. Whether you're unwinding on the porch, hosting summer barbecues, or enjoying the neighborhood, this property offers classic London living at its best. (id:66096)

Property Details

MLS®: X13804002
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 48 × 175 ft (8,400 sq ft)
Frontage: 48 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,744/yr
Listed

Rooms

Main level

Kitchen: 6.6 x 3.9 meters
Dining room: 3.4 x 1.8 meters
Living room: 5 x 2.8 meters
Primary Bedroom: 3 x 4.8 meters
Bedroom: 4.1 x 3 meters

Lower level

Bedroom: 3 x 4.8 meters
Utility room: 7.8 x 5 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: Block, Poured Concrete
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

London East (East B) listings, avg age

49d

Price / ft²

$589

List price

$530K

Haho

This 3-bed single family in London East (East B) has been listed for 49 days, right at the city average. A solid opportunity worth looking into.

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Listed by SUTTON GROUP - SELECT REALTY INC. · GLEN TOMPKINS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $529,900, about 8.7× the local median household income of $61,200.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 69% above the area median.

Median household income: $61,200
Population: 13,810
Median age: 34
Owner / renter: 29% / 71%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N6A)

$529,900· $589/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$395/mo

Total monthly$3,178

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$7,073

Est. closing costs$4,090

Total cash needed$39,153

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Open house

797 Colborne Street, London East (East B) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N6A)

Book a showing

Full Cost Breakdown