$1,450,000 - 1104 The Parkway, London East
Detached for Sale in London East
107 days on market- MLS Number
- X12695686
- Property Type
- Detached
- Status
- active
- Days on Site
- 107
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
LOCATED ON ONE OF THE MOST COVETED STREETS IN OLD NORTH, WHERE PROPERTIES RARELY HIT THE MARKET, 1104 THE PARKWAY OFFERS THE PERFECT SPACE FOR A GROWING FAMILY. SITUATED ON A 180 FT PRIVATE LOT, THIS 2 STOREY, 4 PLUS ONE BEDROOM HOME, OFFERS TRADITION AND ELEGANCE WITH MODERN AMENITIES WHERE IT COUNTS. A GRAND DINING AREA GROUNDS THE CENTRE OF THE HOME AND OFFERS ROOM FOR LARGE FORMAL GATHERINGS, BUILT IN CORNER CABINETRY, AND RICH HARDWOOD FLOORING. AN UPDATED MAPLE KITCHEN INCLUDES AN 8.6 FT ISLAND, HARD SURFACES, BUILT IN STAINLESS APPLIANCES INCLUDING A GAS COOKTOP, WALL OVEN , BUILT IN MICROWAVE, AND A PLETHORA OF CABINETRY WITH ACCESS TO THE REAR DECK AND BEYOND. A SEPARATE LIVING ROOM IS ANCHORED BY A HANDSOME GAS FIREPLACE, WITH NUMEROUS WINDOWS FOR NATURAL LIGHT AND ACCESS TO A 3 SEASON SUNROOM WITH INFLOOR HEATING AND ACCESS TO THE REAR YARD. A RICHLY PANELLED OFFICE/DEN AND 2 PC BATH COMPLETE THE MAIN. THE SECOND LEVEL INCLUDES A LUXURY MASTER RETREAT WITH HIS AND HER WALKIN CLOSETS WITH CUSTOM CABINETRY, A PRIVATE RELAXING READING SPACE NEXT TO A 3 SIDED FIREPLACE THAT DELINEATES THE MASTER AND ENSUITE AREA WITH CUSTOM CABINETRY, HEATED FLOORS AND BEAUTIFUL WALKIN SHOWER. 3 MORE AMPLE BEDROOMS AND 4 PC BATH COMPLETE THE SECOND LEVEL . THE LOWER IS COMPLETELY FINISHED AN INCLUDES A FAMILY ROOM WITH GAS FIREPLACE, AN EXTRA BEDROOM AND 3 PC BATH! THE REAR YARD INCLUDES A CUSTOM GAZEBO WITH POT LIGHTING AND OVERSIZED FAN, MULTI LEVEL SEATING, A CUT STONE PATIO AND PLENTY OF ROOM TO ADD A POOL! BONUS 240 HOOKUP FOR YOUR ELECTRIC CAR IN THE DOUBLE GARAGE! A SHORT WALK AWAY FROM WESTERN UNIVERSITY AND UNIVERSITY HOSPITAL AND 5 MINUTES TO ST JOSEPHS HOSPITAL AND RICHMOND ROW, 1104 THE PARKWAY IS THE IDEAL LOCATION TO LIVE, PLAY, RELAX, REPEAT!!
Estimate your monthly payments for this property
Estimated Payment
$6,413.84/mo
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.
1104 The Parkway, 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 $580/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.
Negotiation Opportunity
At 107 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
Bathroom Count Matters
With 4 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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.