$135,000

For sale

#51 1199 Hamilton Road, London East (East O), Ontario, N5W5Z9

3 bd2 ba2 pk1,300 ft²+$350/mo

Listed by NU-VISTA PREMIERE REALTY INC.

#21 1077 HAMILTON Road, London East (East O), Ontario, N5W6G3

For sale

70 days ago

$360K

#21 1077 HAMILTON Road, London East (East O), Ontario, N5W6G3

2 bd2 ba1 pk850 ft²+$445/mo

#202 1174 Hamilton Road, London East (East O), Ontario, N5W1A9

2 bd1 ba1 pk650 ft²+$463/mo

Listed by SUTTON GROUP PREFERRED REALTY INC.

#208 1172 Hamilton Road, London East (East O), Ontario, N5W1A9

For salePrice drop

110 days ago

$151K$180K

↓ $29K (16%) price drop

#208 1172 Hamilton Road, London East (East O), Ontario, N5W1A9

2 bd1 ba1 pk650 ft²+$535/mo

Listed by RE/MAX CENTRE CITY REALTY INC

Investment analysis

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$135,000

London East

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#204 1170 Hamilton Road, London East (East O) - Single Family for Sale

#204 1170 Hamilton Road, London East (East O), Ontario, N5W1A9

2 beds1 bath1 parking650 ft²$535/mo condo feeListed 114 days ago

Overview

This 2-bedroom, 1-bathroom condo in London East is for sale offering roughly 650 sq ft of space. Listed at $135,000, it is attractively priced about 24% below the $177,900 median asking price in London East.

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

Description

A well-kept 2 bedroom, 1 bath condo at 1170 Hamilton Rd, unit 204, priced at $135,000 and suited equally to a first-time buyer or an investor looking to add to a rental portfolio.Inside, the unit is clean and well cared for with a private balcony, a nice spot for morning coffee or unwinding after work. The current tenant has kept the unit in great shape and would be happy to stay on, giving an investor immediate rental income with no vacancy gap to manage.Location covers the day-to-day essentials. East Park is close by for fun, and the area connects directly to walking and biking trails. Groceries, a bus stop, and highway access are all within easy reach, covering errands and commute without being car-dependent.At $135,000, this is an accessible entry point for an owner-occupant, or a straightforward hold for an investor. (id:66096)

Property Details

MLS®: X13558034
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Baseboard heaters, Other
Cooling: None
Garage: No Garage
Condo Fee: $535/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $704/yr
Listed: 114 days ago

Features

Appliances: Refrigerator, Stove
Exterior: Brick Veneer
Lot Features: Balcony, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

114d

London East (East O) listings, avg age

48d

Price / ft²

$208

List price

$135K

Haho

This 2-bed single family in London East (East O) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by BLUE FOREST REALTY INC. · KARA RIJNEN

Location

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Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $135,000, about 2.1× the local median household income of $64,500.

Carrying it typically needs a household income of about $26,370 (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)

$135,000· $208/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $6,750

Min 5%50%

Mortgage payment$711/mo

↳ CMHC premium ($5,130 capitalized)

Property tax (est.)$59/mo

Condo fee$535/mo

Total monthly$1,305

Cash Needed to Close

Down payment (5%)$6,750

Land transfer tax$1,075

Est. closing costs$2,905

Total cash needed$10,730

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