1370 Michael Circle, London East

Price: $495,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: X13210684

NO CONDO FEES. Vacant possession will be provided. Exceptional value in this 2018 built freehold townhouse located in the highly desirable Huron Heights neighbourhood. This 2-storey Wastell-built home offers 3 spacious bedrooms, 2.5 bathrooms, and a built-in garage, making it ideal for families, professionals, or investors alike. The open-concept main floor features stylish solid-surface laminate flooring and a contemporary kitchen complete with quartz countertops and appliances included. The second level offers a spacious primary bedroom with a walk-in closet and a private 4-piece ensuite, along with two additional generously sized bedrooms and a second full bathroom. Perfectly situated within walking distance to Fanshawe College and just minutes from Western University, major hospitals, shopping centres, restaurants, parks, and recreation facilities including Stronach Community Centre & Outdoor Pool and the North London Optimist Community Centre. Residents will appreciate the convenience of nearby amenities while enjoying the welcoming atmosphere of the sought-after Huron Heights community. This is an outstanding opportunity for homeowners and investors alike - don't miss your chance to own this exceptional freehold property. You would get this lovely house painted afresh before possession!

1370 Michael Circle - Townhouse photo 1 of 1 in London East, Ontario
active
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$495,000 - 1370 Michael Circle, London East

Townhouse for Sale in London East

3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
X13210684
Property Type
Townhouse
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

NO CONDO FEES. Vacant possession will be provided. Exceptional value in this 2018 built freehold townhouse located in the highly desirable Huron Heights neighbourhood. This 2-storey Wastell-built home offers 3 spacious bedrooms, 2.5 bathrooms, and a built-in garage, making it ideal for families, professionals, or investors alike. The open-concept main floor features stylish solid-surface laminate flooring and a contemporary kitchen complete with quartz countertops and appliances included. The second level offers a spacious primary bedroom with a walk-in closet and a private 4-piece ensuite, along with two additional generously sized bedrooms and a second full bathroom. Perfectly situated within walking distance to Fanshawe College and just minutes from Western University, major hospitals, shopping centres, restaurants, parks, and recreation facilities including Stronach Community Centre & Outdoor Pool and the North London Optimist Community Centre. Residents will appreciate the convenience of nearby amenities while enjoying the welcoming atmosphere of the sought-after Huron Heights community. This is an outstanding opportunity for homeowners and investors alike - don't miss your chance to own this exceptional freehold property. You would get this lovely house painted afresh before possession!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

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

1370 Michael Circle, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$2,096

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 $450/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 21 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in London East have shown strong appreciation as families seek more space.

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.

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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    1370 Michael Circle, London East | $495,000 | Battaglia Team