114 Connaught Avenue, London East

Price: $499,900

2 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13008570

Welcome to one of the newest houses in the neighborhood!! Built with 2x6 construction in 1998...this 2 Bed 1 Bath has the room and space you need. Open concept main floor with loads of natural light. Huge dinning room. A chef's style kitchen with island equipped with gas stove top. Brand New wall oven (2026). Large living room with double french doors leading to deck. Primary bedroom also has double french doors walking out to back deck.Large 2nd bedroom and a Brand New 4 piece Bathroom with free standing bath tub. Downstairs you will find a big common/games room with an even bigger family room for entertaining. Brand New carpet(2026). There is also a laundry, workshop, and a utility room in the lower level and could be easily converted into 2 more bedrooms due to the over sized windows for egress. Great curb appeal with a front deck and a double drive. Very private back deck. Back yard has stamped concrete pad with metal gazebo, wooden 10x16 foot shed, and a 7 foot privacy fence with 6x6 posts. Steel roof with 3/4 inch plywood installed (2017). Furnace and AC(2021). Close to schools and shopping and McCormick Park. Fanshawe College with-in walking distance. Great income property opportunity. Don't miss out!

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$499,900 - 114 Connaught Avenue, London East

Detached for Sale in London East

64 days on market
2Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13008570
Property Type
Detached
Status
active
Days on Site
64
Bedrooms
2
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to one of the newest houses in the neighborhood!! Built with 2x6 construction in 1998...this 2 Bed 1 Bath has the room and space you need. Open concept main floor with loads of natural light. Huge dinning room. A chef's style kitchen with island equipped with gas stove top. Brand New wall oven (2026). Large living room with double french doors leading to deck. Primary bedroom also has double french doors walking out to back deck.Large 2nd bedroom and a Brand New 4 piece Bathroom with free standing bath tub. Downstairs you will find a big common/games room with an even bigger family room for entertaining. Brand New carpet(2026). There is also a laundry, workshop, and a utility room in the lower level and could be easily converted into 2 more bedrooms due to the over sized windows for egress. Great curb appeal with a front deck and a double drive. Very private back deck. Back yard has stamped concrete pad with metal gazebo, wooden 10x16 foot shed, and a 7 foot privacy fence with 6x6 posts. Steel roof with 3/4 inch plywood installed (2017). Furnace and AC(2021). Close to schools and shopping and McCormick Park. Fanshawe College with-in walking distance. Great income property opportunity. Don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

114 Connaught Avenue, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,942

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 $454/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 64 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.

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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    114 Connaught Avenue, London East | $499,900 | Battaglia Team