$749,000 - 1031 William Street, London East
Detached for Sale in London East
Popular Listing- MLS Number
- X13421248
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Welcome to this impeccably maintained Old North residence, where timeless character meets modern comfort in one of London's most desirable neighbourhoods. Rarely offered & thoughtfully updated throughout, this immaculate home offers the perfect balance of charm, functionality & contemporary living. A standout feature of this home is the main-floor primary suite, complete with 3-pc ensuite, stackable laundry and direct access to a private deck overlooking the backyard .. a perfect place to enjoy your morning coffee! The spacious living room is filled with natural light from two large windows and is anchored by a cozy gas fireplace, creating a warm and inviting atmosphere. The well designed floor plan flows seamlessly into the dining area and updated kitchen, where hard-surface countertops, quality cabinetry and a centre island with additional storage make everyday living a pleasure. Upstairs, you'll find two additional bedrooms, offering flexible space for family, guests or a dedicated home office. Separate Entrance to the finished lower level adds exceptional versatility with an in-law suite featuring a living area, sleeping space and a 3-piece bathroom - fabulous income potential opportunity! Outside, the mature grounds offer curb appeal galore, complemented by a storage shed, single-car garage and parking for up to six vehicles. Meticulously cared for and truly move-in ready, this is a rare opportunity to enjoy the convenience of a main-floor primary suite while still benefiting from the space and flexibility of a traditional family home. All of this is located in the heart of desirable Old North, just minutes from parks, excellent schools, Western University, St. Joseph's Hospital and the vibrant amenities that make this neighbourhood one of London's most cherished communities.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
5-yr fixed avg.
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.
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
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.
1031 William Street, London East
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $681/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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.