$239,000

$249,000For salePrice drop↓ $10,000 (4%)

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#20 1600 CULVER Drive, London - Single Family for Sale

#38 700 EXETER Road, London, Ontario, N6E1L2

3 bd2 ba1 pk1,305 ft²+$300/mo

Listed by Right At Home Realty

#1201 858 COMMISSIONERS Road East, London, Ontario, N6C5Y5

For sale

10 days ago

$249K

#1201 858 COMMISSIONERS Road East, London, Ontario, N6C5Y5

2 bd1 ba1 pk974 ft²+$497/mo

Listed by RE/MAX Escarpment Realty Inc.

#108 1725 ERNEST Avenue, London, Ontario, N6E2W3

For sale

22 days ago

$350K

#108 1725 ERNEST Avenue, London, Ontario, N6E2W3

4 bd2 ba1 pk1,490 ft²+$410/mo

Listed by Royal Lepage Signature Realty

#16 320 WESTMINISTER Avenue, London, Ontario, N6C5H5

For sale

22 days ago

$299K

#16 320 WESTMINISTER Avenue, London, Ontario, N6C5H5

3 bd2 ba1 pk1,733 ft²+$390/mo

Listed by Chestnut Park Realty Southwestern Ontario Limited

Investment analysis

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$239,000

London

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Description

Welcome to Unit 20 at 1600 Culver Drive, a well located two storey townhouse condominium in the East London community. This three bedroom, one bathroom home offers 1,100 square feet of above grade living space plus a fully finished basement complete with its own kitchen, adding wonderful flexibility for extra living space, a home office, or guest accommodations. The second floor holds all three bedrooms along with the full bathroom, while the main level provides a comfortable and functional layout for everyday living. Residents enjoy an open balcony, one assigned driveway parking space, visitor parking, and pets are welcome. Set on a quiet cul de sac with easy highway access, this home is close to schools, parks, a playground, public transit, and shopping. Whether you are a first time buyer or an investor, this affordable London condo townhouse presents a great opportunity to get into the market in a convenient and well connected neighbourhood. (id:66096)

Property Details

MLS®: 40857279
Property Type: Single Family
Zoning: R5-4
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, Full
Heating: Baseboard heaters
Cooling: Window air conditioner
Garage: Open
Condo Fee: $222/mo
Fee Includes: Landscaping, Property Management, Insurance
Ownership: Condo/Strata
Property Tax: $1,676/yr
Listed: 78 days ago

Rooms

Basement

Kitchen: 8'2'' x 16'5''
Recreation room: 10'2'' x 16'5''

Second level

4pc Bathroom
Bedroom: 13'4'' x 8'4''
Bedroom: 10'0'' x 8'8''
Primary Bedroom: 10'4'' x 13'6''

Main level

Living room: 13'0'' x 17'2''
Dining room: 9'3'' x 9'6''
Kitchen: 7'6'' x 7'4''
Foyer

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 $239,000, about 3.2× the local median household income of $74,500.

Carrying it typically needs a household income of about $46,685 (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)

$239,000· $217/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,950

Min 5%50%

Mortgage payment$1,259/mo

↳ CMHC premium ($9,082 capitalized)

Property tax (est.)$140/mo

Condo fee$222/mo

Total monthly$1,620

Cash Needed to Close

Down payment (5%)$11,950

Land transfer tax$2,115

Est. closing costs$3,217

Total cash needed$17,282

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

#20 1600 CULVER Drive, London - Single Family for Sale

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Property Details

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Neighbourhood profile (N5V)

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