$499,900

For sale

93 Manitoulin Drive, London East (East O) - Single Family for Sale

93 Manitoulin Drive, London East (East O), Ontario, N5W1M5

3 beds1 bath7 parking900 ft²30 × 158 ft (4,740 sq ft) lot sizeListed 8 days ago

Overview

This 3-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 12% below the $569,900 median asking price in London East. It has been on the market 8 days, fresher than the London East average of 48 days.

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Description

Welcome to 93 Manitoulin Drive, your Home Sweet Home in London's Fairmont Neighbourhood. This garage/shop isn't your average detached 18ft x 24ft garage!! With a high ceiling and RV outlet - it's a proper shop, complete with its own hydro, exhaust system, and in-floor glycol heating. Whether you're a hobbyist, a tradesperson, or just someone who loves a great workspace, this one will not disappoint. But wait! There's more! This AWESOME shop comes with a HOUSE (where almost all the majors are DONE!) A solid bungalow in the Fairmont neighbourhood - it's move-in ready and packed with updates that matter. Fresh flooring and paint give the home a clean, updated feel, and the big-ticket items are already done - new furnace and AC (2020), new metal roof (2025), and upgraded insulation (2024). You can move in with confidence knowing the expensive stuff is taken care of. Three bedrooms, a full bathroom, and a large unfinished basement ready for your vision- whether that's extra living space, a home gym, or storage galore. The longer double driveway fits up to six cars, so parking is never a concern. (id:66096)

Property Details

MLS®: X14125270
Property Type: Single Family
Zoning: R1-6
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 900 ft²
Lot Size: 30 × 158 ft (4,740 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax

Features

Appliances: Garage door opener remote(s), Water Heater - Tankless
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London East (East O) listings, avg age

48d

Price / ft²

$555

List price

$500K

Haho

This 3-bed single family in London East (East O) has been listed for 8 days, which is 40 days fresher than the city average of 48. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · KRYSTAL LEE MOORE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $499,900, about 7.8× the local median household income of $64,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $64,500
Population: 24,740
Median age: 40.4
Owner / renter: 59% / 41%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N5W)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$270/mo

Total monthly$2,903

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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