$174,900

For sale

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#112 1830 Dumont Street, London East (East H) - Single Family for Sale

#112 1830 Dumont Street, London East (East H), Ontario, N5W2S1

1 bed1 bath1 parking ft²

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Investment analysis

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$174,900

London East

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$500/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in London East is for sale offering roughly 550 sq ft of space. It has been on the market 52 days, fresher than the London East average of 67 days.

Condos for Sale in London East →All real estate in London East →

Description

Convenient ground floor, well maintained 1 bedroom unit! Immediate possession is available. Updated kitchen with new cupboards & countertops, ample storage, stainless steel appliances and a dining area. Spacious living room with bright, west facing exposure. Condo fees include all utilities - hydro, heat and water! Close to many amenities including Argyle shopping, Fanshawe College, public transit, restaurants, parks, schools and quick Hwy 401 access. This move-in-ready condo is an excellent opportunity for first time buyers, downsizing, or investor! (id:66096)

Property Details

MLS®: X13783222
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Natural gas
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $500/mo
Fee Includes: Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $888/yr
Listed: 52 days ago

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

London East (East H) listings, avg age

67d

Price / ft²

$318

List price

$175K

Haho

This 1-bed single family in London East (East H) has been listed for 52 days, which is 15 days fresher than the city average of 67. Act while there is still low competition.

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Listed by BLUE FOREST REALTY INC. · BRIAN DE MELO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $174,900, about 2.7× the local median household income of $64,500.

Carrying it typically needs a household income of about $34,164 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$174,900· $318/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $8,745

Min 5%50%

Mortgage payment$921/mo

↳ CMHC premium ($6,646 capitalized)

Property tax (est.)$74/mo

Condo fee$500/mo

Total monthly$1,496

Cash Needed to Close

Down payment (5%)$8,745

Land transfer tax$1,474

Est. closing costs$3,025

Total cash needed$13,244

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice