$339,900

For sale

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#501 650 Cheapside Street, London East (East C) - Single Family for Sale

#501 650 Cheapside Street, London East (East C), Ontario, N5Y5J8

2 beds1 bath2 parking ft²

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#111 1247 Huron Street, London East (East C), Ontario, N5Y4X7

For sale

23 days ago

$340K

#111 1247 Huron Street, London East (East C), Ontario, N5Y4X7

3 bd2 ba1 pk950 ft²+$348/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$339,900

London East

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$436/mo condo fee

Overview

This 2-bedroom, 1-bathroom condo in London East is for sale offering roughly 850 sq ft of space. Its $339,900 asking price sits right in line with the $349,900 median in London East.

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

Description

Completely renovated!! amazing wall to wall window with picture like view just waiting for you. Great starter unit for a family or investor, 8 Minutes to Fanshawe College, Laundry in unit!!. Strategically located in the heart of East London, walking distance to bus stop, restaurants, groceries and more. 2 Bedrooms, Bath. Convenient elevator, indoor mailbox andmore !! Do not miss this one. Condo fee includes water. (id:66096)

Property Details

MLS®: X13792164
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 850 ft²
Style: Multi-level
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $436/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $1,693/yr
Listed: 50 days ago

Rooms

Main level

Kitchen: 2.3 x 2.1 meters
Living room: 4.9 x 3.45 meters
Dining room: 2.85 x 1.14 meters
Bedroom: 3.33 x 2.64 meters
Bedroom: 3.33 x 3.17 meters
Mud room: 3.36 x 1.14 meters

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

Features

Exterior: Concrete, Brick
Lot Features: Elevator

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

London East (East C) listings, avg age

43d

Price / ft²

$400

List price

$340K

Haho

This 2-bed single family in London East (East C) 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 LONDON LIVING REAL ESTATE LTD. · CLAUDIA VALENCIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Y)

This home lists at $339,900, about 5.3× the local median household income of $63,600.

Carrying it typically needs a household income of about $66,394 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.

Median household income: $63,600
Population: 35,934
Median age: 35.6
Owner / renter: 45% / 55%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Y)

$339,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,995

Min 5%50%

Mortgage payment$1,790/mo

↳ CMHC premium ($12,916 capitalized)

Property tax (est.)$141/mo

Condo fee$436/mo

Total monthly$2,367

Cash Needed to Close

Down payment (5%)$16,995

Land transfer tax$3,574

Est. closing costs$3,520

Total cash needed$24,089

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