10 Pegler Street, London East

Price: $435,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13117858

Opportunity knocks in this charming century yellow brick bungalow in East London. Featuring 3 bedrooms, 2bathrooms, and approximately 1,274 sq ft above grade, this home offers exceptional flexibility for families, investors, or home-based businesses. The spacious main floor includes a bright living room, functional kitchen, and large family room with adjacent laundry and bathroom, ideal for conversion to an in-law suite or private workspace. Situated on a generous 50 x 104 ft lot with a private double drive and parking for up to 6 vehicles. Conveniently located close to schools, parks, shopping, transit, and hospital. A rare opportunity to own a character-filled home with income potential in a growing London neighbourhood.

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$435,000 - 10 Pegler Street, London East

Detached for Sale in London East

35 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13117858
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Lot Size
5,242 sqft
Listing Brokerage
STREETCITY REALTY INC.
Description

Opportunity knocks in this charming century yellow brick bungalow in East London. Featuring 3 bedrooms, 2bathrooms, and approximately 1,274 sq ft above grade, this home offers exceptional flexibility for families, investors, or home-based businesses. The spacious main floor includes a bright living room, functional kitchen, and large family room with adjacent laundry and bathroom, ideal for conversion to an in-law suite or private workspace. Situated on a generous 50 x 104 ft lot with a private double drive and parking for up to 6 vehicles. Conveniently located close to schools, parks, shopping, transit, and hospital. A rare opportunity to own a character-filled home with income potential in a growing London neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

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5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London East

Discover London East

London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Pegler Street, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$2,401

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $395/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in London East are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    10 Pegler Street, London East | $435,000 | Battaglia Team