$274,999

For sale

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#56 595 Third Street, London East (East H) - Single Family for Sale

#56 595 Third Street, London East (East H), Ontario, N5V4A1

3 beds2 baths1 parking ft²

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Listed by SUTTON GROUP - SELECT REALTY INC.

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$330K

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

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Listed by RE/MAX ADVANTAGE REALTY LTD.

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

For sale

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$367K

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#37 577 Third Street, London East (East H), Ontario, N5V4B9

For sale

18 days ago

$300K

#37 577 Third Street, London East (East H), Ontario, N5V4B9

3 bd3 ba1 pk1,100 ft²+$300/mo

Listed by BLUE FOREST REALTY INC.

Investment analysis

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$274,999

London East

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Overview

This 3-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,300 sq ft of space. Listed at $274,999, it is attractively priced about 8% below the $299,000 median asking price in London East. It has been on the market 42 days, fresher than the London East average of 69 days.

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

Description

Highly Motivated Pricing Meets An Unbeatable Location. This Spacious 3-Bedroom Townhome Offers A Seamless Blend Of Comfort And Convenience, Located Within Walking Distance Of Fanshawe College And Diverse Amenities. The Interior Boasts A Sun-Drenched, Open-Concept Living And Dining Area With Updated Flooring Throughout. Complete With Roomy Bedrooms, A Finished Basement Recreation Room, And Abundant Storage, This Versatile Property Is A Premier Opportunity For Both Investors And Families Alike. (id:66096)

Property Details

MLS®: X13820214
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Condo Fee: $336/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,813.47/yr
Listed: 42 days ago

Rooms

Main level

Kitchen: 3.23 x 3.49 meters
Dining room: 3.22 x 2.28 meters
Living room: 3.31 x 4.82 meters

Second level

Bedroom 2: 3.18 x 4.07 meters
Primary Bedroom: 4.64 x 3.26 meters
Bedroom 3: 2.9 x 2.71 meters

Basement

Recreational, Games room: 6.07 x 3.45 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 $274,999, about 3.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $53,717 (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)

$274,999· $212/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,749.95

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,450 capitalized)

Property tax (est.)$151/mo

Condo fee$336/mo

Total monthly$1,935

Cash Needed to Close

Down payment (5%)$13,750

Land transfer tax$2,600

Est. closing costs$3,325

Total cash needed$19,675

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

#56 595 Third Street, London East (East H) - Single Family for Sale

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Description

Property Details

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Neighbourhood profile (N5V)

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