$494,900

For sale

#53 1241 Hamilton Road, London East (East P) - Single Family for Sale

#53 1241 Hamilton Road, London East (East P), Ontario, N5W6B3

2 beds2 baths2 parking950 ft²$449/mo condo feeListed 46 days ago

Overview

This 2-bedroom, 2-bathroom condo in London East is for sale offering roughly 950 sq ft of space. It has been on the market 46 days, fresher than the London East average of 55 days.

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Description

Welcome to The 18th at East Park. This complex is located directly beside East Park golf course, this beautifully kept 2 bedroom, 2 full bathroom bungalow style condo featuring hardwood floors and cathedral ceilings, freshly painted throughout, new lighting throughout and cozy living room with gas fireplace, updated 3pc bathroom (new vanity and toilet)with walk-in shower, bright open kitchen with new stainless steel appliances, newer tile floors, a light-filled dining area where you can look out onto the very private and picturesque green space...enjoy your morning coffee or evening glass of wine under your powered awning-covered patio. Main floor bedroom closet has functioning hook-ups for laundry in place or laundry can be in the lower level utility room whichever you choose. The fully finished basement with newer carpets (2021) features an enormous living space with gas fireplace, spacious closets and a 4pc bathroom. Located in a sought-after complex with affordable condo fees is convenient with easy access to the 400 highways, shopping, restaurants and many amenities! One of the best complexes London has to offer! (id:66096)

Property Details

MLS®: X13807944
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 950 ft²
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $449/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata

Rooms

Main level

Foyer: 4.02 x 1.9 meters
Living room: 4.14 x 3.55 meters
Dining room: 2.56 x 2.34 meters
Kitchen: 3.19 x 3.01 meters
Primary Bedroom: 3.94 x 3.15 meters
Bedroom 2: 3.07 x 2.72 meters

Lower level

Recreational, Games room: 7.7 x 7.14 meters
Utility room: 5.35 x 3.87 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Blinds, Window Coverings, Garage door opener
Flooring: Tile, Hardwood
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Wooded area, Level, Sump Pump

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

London East (East P) listings, avg age

55d

Price / ft²

$521

List price

$495K

Haho

This 2-bed single family in London East (East P) has been listed for 46 days, which is 9 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX CENTRE CITY REALTY INC. · PAUL MERRITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $494,900, about 7.7× the local median household income of $64,500.

Carrying it typically needs a household income of about $96,671 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$494,900· $521/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,745

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,806 capitalized)

Property tax (est.)$246/mo

Condo fee$449/mo

Total monthly$3,302

Cash Needed to Close

Down payment (5%)$24,745

Land transfer tax$6,373

Est. closing costs$3,985

Total cash needed$35,103

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