$599,000

For sale

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

834 Colborne Street, London East (East B), Ontario, N6A4A2

4 beds2 baths4 parking1,750 ft²41 × 149 ft (6,121 sq ft) lot sizeListed 16 days ago

Overview

This 4-bedroom, 2-bathroom home in London East is for sale offering roughly 1,750 sq ft of space. Listed at $599,000, it is attractively priced about 23% below the $775,000 median asking price in London East. It has been on the market 16 days, fresher than the London East average of 48 days.

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Description

834 Colborne St. is a whole lot of house. At over 1,800 sf this unique property provides an amazing opportunity for growing families, professionals looking to have a home-based business or practice or its R2-2 zoning provides multi-family opportunity. With 4 bedrooms (one main floor) and 2 baths (one main floor) and a stunning 220 sf post and beam great room addition (1999), this home offers a very versatile layout. Plenty of private parking plus easy access to bus routes and bike lanes. Updates include flooring, windows, electrical (1998), HY-GRADE steel roof (2008 & 2011), Ruud high Efficiency furnace (2013), basement insulation, replaced water line to the City water supply and main sewer upgrade (2008) to name a few. Minutes from St. Joseph and University Hospitals, Western U, Old North's dining and shopping and downtown. The large backyard is truly a natural pleasure with its wandering path, pond and raised gardens that lead to the get away 'cabin'. A truly distinctive Old North home just waiting for your vision! (id:66096)

Property Details

MLS®: X14102452
Property Type: Single Family
Zoning: R2-2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 41 × 149 ft (6,121 sq ft)
Frontage: 41 ft
Storeys: 1
Basement: Unfinished, Partial, Crawl space, Other, See Remarks, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.22 x 3.43 meters
Mud room: 3 x 1.04 meters
Foyer: 2.69 x 1.07 meters
Dining room: 3.61 x 3.3 meters
Bedroom: 3.12 x 2.79 meters
Kitchen: 3.3 x 3.35 meters
Bathroom: 1.91 x 1.27 meters
Laundry room: 2.26 x 2.03 meters

Second level

Bathroom: 3.61 x 2.18 meters
Bedroom: 3.2 x 3 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Microwave, Window Coverings
Flooring: Hardwood, Laminate
Foundation: Poured Concrete, Brick, Slab
Exterior: Brick, Vinyl siding
Lot Features: Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

London East (East B) listings, avg age

48d

Price / ft²

$342

List price

$599K

Haho

This 4-bed single family in London East (East B) has been listed for 16 days, which is 32 days fresher than the city average of 48. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · LAURA GENTILE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $599,000, about 9.8× the local median household income of $61,200.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 91% 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)

$599,000· $342/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.)$515/mo

Total monthly$3,643

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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