$468,000

$490,000For salePrice drop↓ $22,000 (4%)

51 Pauline Crescent East, London South (South X) - Single Family for Sale

51 Pauline Crescent East, London South (South X), Ontario, N6E2L2

3 beds2 baths3 parking1,300 ft²Listed 46 days ago

Overview

This 3-bedroom, 2-bathroom home in London South is for sale offering roughly 1,300 sq ft of space. Listed at $468,000, it is attractively priced about 13% below the $539,888 median asking price in London South. It has been on the market 46 days, fresher than the London South average of 53 days.

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Description

Located on a quiet crescent in the heart of White Oaks, 51 Pauline Crescent offers an excellent opportunity in one of South London's established neighbourhoods. This bright and inviting home features a functional layout with comfortable living spaces and plenty of potential for families, first-time buyers or investors. Added peace of mind comes with a furnace replaced approximately 2 years ago and air conditioning approximately 6 years old. Enjoy a convenient location close to schools, parks, public transit, restaurants, shopping and everyday amenities, with White Oaks Mall and major routes just minutes away. A great combination of location, space and value in South London. Don't miss your opportunity to make this home yours. (id:66096)

Property Details

MLS®: X13811946
Property Type: Single Family
Zoning: R2-3
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Frontage: 30 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,498/yr
Listed

Rooms

Main level

Kitchen: 5.69 x 3.96 meters

Third level

Bedroom: 3.43 x 3.42 meters
Bedroom 2: 3.43 x 3.96 meters
Bedroom 3: 2.89 x 2.83 meters
Exercise room: 3.05 x 3.86 meters

Basement

Laundry room: 2.54 x 3.86 meters

Lower level

Media: 5.69 x 3.97 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, Stove, Dryer, Blinds
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

London South (South X) listings, avg age

53d

Price / ft²

$360

List price

$468K

Haho

This 3-bed single family in London South (South X) has been listed for 46 days, which is 7 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX ADVANTAGE REALTY LTD. · OZ ABDUL-HAMID

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6E)

This home lists at $468,000, about 6.2× the local median household income of $75,000.

Carrying it typically needs a household income of about $91,417 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $75,000
Population: 28,140
Median age: 38
Owner / renter: 69% / 31%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N6E)

$468,000· $360/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,400

Min 5%50%

Mortgage payment$2,465/mo

↳ CMHC premium ($17,784 capitalized)

Property tax (est.)$208/mo

Total monthly$2,673

Cash Needed to Close

Down payment (5%)$23,400

Land transfer tax$5,835

Est. closing costs$3,904

Total cash needed$33,139

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