$239,000

$249,000For salePrice drop↓ $10,000 (4%)

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#20 1600 Culver Drive, London East (East H) - Single Family for Sale

#315 1825 Whitney Street, London East (East H), Ontario, N5W2W3

2 bd1 ba1 pk650 ft²+$570/mo

Listed by SUTTON GROUP - SELECT REALTY INC.

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3 bd2 ba1 pk1,300 ft²+$480/mo

Listed by SUTTON GROUP - SELECT REALTY INC.

#158 1775 Culver Drive, London East (East H), Ontario, N5V3H6

For sale

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$330K

#158 1775 Culver Drive, London East (East H), Ontario, N5V3H6

3 bd2 ba2 pk1,100 ft²+$463/mo

Listed by RE/MAX ADVANTAGE REALTY LTD.

#8 1920 Culver Drive, London East (East H), Ontario, N5V4P4

For sale

14 days ago

$367K

#8 1920 Culver Drive, London East (East H), Ontario, N5V4P4

4 bd3 ba2 pk1,100 ft²+$426/mo

Listed by BLUE FOREST REALTY INC.

Investment analysis

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$239,000

London East

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Description

Welcome to Unit 20 at 1600 Culver Drive, a well located two storey townhouse condominium in the East London community. This three bedroom, one bathroom home offers 1,100 square feet of above grade living space plus a fully finished basement complete with its own kitchen, adding wonderful flexibility for extra living space, a home office, or guest accommodations. The second floor holds all three bedrooms along with the full bathroom, while the main level provides a comfortable and functional layout for everyday living. Residents enjoy an open balcony, one assigned driveway parking space, visitor parking, and pets are welcome. Set on a quiet cul de sac with easy highway access, this home is close to schools, parks, a playground, public transit, and shopping. Whether you are a first time buyer or an investor, this affordable London condo townhouse presents a great opportunity to get into the market in a convenient and well connected neighbourhood. (id:66096)

Property Details

MLS®: X13697408
Property Type: Single Family
Zoning: R5-4
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, Full, Apartment in basement, N/A, N/A
Heating: Baseboard heaters, Other
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $222/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,676/yr
Listed: 77 days ago

Rooms

Main level

Foyer: 1.27 x 5.08 meters
Kitchen: 2.24 x 2.29 meters
Dining room: 2.9 x 2.82 meters
Living room: 5.23 x 3.96 meters

Second level

Primary Bedroom: 4.12 x 3.15 meters
Bedroom: 2.64 x 3.05 meters
Bedroom: 2.54 x 4.06 meters

Basement

Recreational, Games room: 5 x 3.1 meters
Kitchen: 5 x 2.49 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (N5V)

This home lists at $239,000, about 3.2× the local median household income of $74,500.

Carrying it typically needs a household income of about $46,685 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 32,961
Median age: 36.4
Owner / renter: 62% / 38%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N5V)

$239,000· $217/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,950

Min 5%50%

Mortgage payment$1,259/mo

↳ CMHC premium ($9,082 capitalized)

Property tax (est.)$140/mo

Condo fee$222/mo

Total monthly$1,620

Cash Needed to Close

Down payment (5%)$11,950

Land transfer tax$2,115

Est. closing costs$3,217

Total cash needed$17,282

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

#20 1600 Culver Drive, London East (East H) - Single Family for Sale

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Description

Property Details

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Location

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Neighbourhood profile (N5V)

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