$389,900

For sale

#72 141 Condor Court, London East (East P) - Single Family for Sale

#72 141 Condor Court, London East (East P), Ontario, N5W6A1

3 beds2 baths2 parking1,300 ft²$449/mo condo feeListed 18 days ago

Overview

This 3-bedroom, 2-bathroom condo in London East is for sale offering roughly 1,300 sq ft of space. Listed at $389,900, it is attractively priced about 13% below the $449,900 median asking price in London East. It has been on the market 18 days, fresher than the London East average of 55 days.

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Description

**Ideal investment opportunity with strong tenant appeal!** This charming 2-storey townhome offers the features renters are looking for, including three comfortable bedrooms, parking for up to three vehicles with a convenient carport, and additional living space in the partially finished lower level. The bright and inviting main floor features a spacious living room, functional kitchen, and separate dining area, creating a practical and comfortable layout for everyday living. Upstairs, three bedrooms provide flexibility for families, couples needing extra space, or roommates seeking shared accommodations. The lower level offers added versatility for a family room, home office, gym, or hobby space. Located in a well-maintained condominium community, this property presents an appealing opportunity for investors looking to attract and retain tenants with a functional layout, generous parking, and flexible living space. (id:66096)

Property Details

MLS®: X14093392
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Condo Fee: $449/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,230/yr

Rooms

Main level

Living room: 5.2 x 3.35 meters
Kitchen: 3.57 x 3.12 meters
Dining room: 3.82 x 2.67 meters

Second level

Primary Bedroom: 5.32 x 2.95 meters
Bedroom 2: 3.63 x 2.77 meters
Bedroom 3: 3.68 x 3.05 meters

Basement

Other: 3.52 x 5.77 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, Dishwasher, Stove, Dryer
Exterior: Brick, Vinyl siding

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

London East (East P) listings, avg age

55d

Price / ft²

$300

List price

$390K

Haho

This 3-bed single family in London East (East P) has been listed for 18 days, which is 37 days fresher than the city average of 55. Act while there is still low competition.

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Listed by PINHEIRO REALTY LTD · JASON PINHEIRO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $389,900, about 6.0× the local median household income of $64,500.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$389,900· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$186/mo

Condo fee$449/mo

Total monthly$2,688

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

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