$469,900

For sale

2 Erie Avenue, London South (South D) - Single Family for Sale

2 Erie Avenue, London South (South D), Ontario, N6J1J1

3 beds1 bath2 parking1,300 ft²30 × 75 ft (2,250 sq ft) lot sizeListed 16 days ago

Overview

This 3-bedroom, 1-bathroom home in London South is for sale offering roughly 1,300 sq ft of space. Listed at $469,900, it is attractively priced about 15% below the $549,900 median asking price in London South. It has been on the market 16 days, fresher than the London South average of 56 days.

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Description

Welcome to 2 Erie Avenue, a charming early 1900s home located on the edge of Wortley Village and just a short walk to the beautiful Coves. This three-bedroom, one-bathroom home blends modern updates with the character of its original era. The bright, open-concept kitchen and living room create a comfortable and functional space for everyday living and entertaining, featuring beautiful cabinetry and stainless steel appliances. This home has been thoughtfully updated while preserving some of its early 1900s character, including a couple of original decorative and stained glass windows that add warmth and appeal.Step outside onto your spacious deck and enjoy a fenced yard with virtually maintenance-free landscaping and a convenient garden shed. Take an easy two minute walk down Erie Ave to the Coves, which offer walking trails, ponds, birdwatching, and the beauty of nature literally outside your door. Additional updates include a metal roof, furnace, central air, breaker panel, and security system.Ideally located close to schools, restaurants, shopping, hospitals, downtown, and so much more! What a wonderful opportunity to enjoy the charm of an older home with the comforts of thoughtful modern updates. Book your private showing today! (id:66096)

Property Details

MLS®: X14096474
Property Type: Single Family
Zoning: R2-2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 30 × 75 ft (2,250 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.98 x 3.73 meters
Kitchen: 5.91 x 2.76 meters
Dining room: 4.49 x 3.4 meters

Second level

Bathroom: 2.48 x 1.93 meters
Primary Bedroom: 4.49 x 3.27 meters
Bedroom 2: 3.58 x 3.32 meters
Bedroom 3: 3.58 x 3.04 meters

Basement

Recreational, Games room: 5.46 x 5.28 meters
Utility room: 5.61 x 4.39 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, Central Vacuum, Dishwasher, Range, Oven, Dryer, Freezer, Garburator, Oven - Built-In
Foundation: Block, Brick
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

London South (South D) listings, avg age

56d

Price / ft²

$361

List price

$470K

Haho

This 3-bed single family in London South (South D) has been listed for 16 days, which is 40 days fresher than the city average of 56. Act while there is still low competition.

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Listed by SYNERGY REALTY LTD · MARK FONGER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6J)

This home lists at $469,900, about 7.2× the local median household income of $65,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $65,000
Population: 27,497
Median age: 43.6
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N6J)

$469,900· $361/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$355/mo

Total monthly$2,830

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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