$599,900 - 112 Burnside Drive, London East
Detached for Sale in London East
51 days on market- MLS Number
- X13058572
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
If you've been waiting for a home that just feels easy - this is it. This sunny one-floor home is the kind of place that makes everyday life easier. The main floor is warm and welcoming, and features 2 bedrooms and a completely renovated 4-piece bathroom with all-new tile, modern cabinetry, and a fresh, contemporary design. Morning coffee in the beautifully updated kitchen has never tasted better. New stainless steel appliances, updated laminate & tile flooring and finishes throughout mean that you won't be spending your weekends on projects - unless you want to. The lower level family room, den & bonus room gives everyone their own space to spread out and the newly renovated laundry room adds serious style; complete with a stackable washer/dryer, sleek shower, and sink area. And then there's the backyard - aka your new summer headquarters. An over-sized private space with a new fence in 2023, you're going to love the covered stone patio, with plenty of space to lounge. A hot tub under the stars, natural gas line for BBQ nights, an above-ground pool and a fire pit with a grill for camp side snacks. All this while still leaving enough grass for kids and pets to run around. But the real bonus? The oversized 14' x 53.5' garage/workshop. Calling all hobbyists and trades people who want some extra space to tinker. Whether you're working on projects, shooting pool, or just hanging out - it's a space everyone will want to use. Close to schools, shopping, the 401 and everyday amenities - and in a neighbourhood people love. Move in. Spread out. Invite people over. Repeat.
Estimate your monthly payments for this property
Estimated Payment
$3,077.80/mo
Includes CMHC insurance ($16,737)
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.
112 Burnside Drive, 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
Fair Market Value
At $857/sqft, this property is priced in line with current London East market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 51 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,500 (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.