$949,000 - 146 Victoria Street, London East
Detached for Sale in London East
60 days on market- MLS Number
- X13020928
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Welcome to 146 Victoria Street an ideal setting to raise a family in Londons prestigious "Old North" neighbourhood. This move-in ready home is just a 10-minute walk to Montessori Child Care, the Waldorf School, and Old North Public School, and it's zoned for Central Public School. Perfectly located for Western University faculty and staff, as well as professionals working at St. Josephs Hospital, University Hospital, or downtown, this home offers exceptional convenience for both work and family life. Just steps from Gibbons Park one of Londons best-kept secrets enjoy access to beautiful green space, trails, and recreational amenities right at your doorstep. This custom built home is just 6 years young. Enter the foyer where the 2 piece powder room is situated for "on the go" convenience. Move toward the open and beautifully bright living room, kitchen and eat-in area. With custom cabinetry, stainless steel appliances, quartz top island with extra storage, cooking and entertaining is ideal in this beautiful space. Enjoy your own private, fully fenced back yard with deck from the kitchen door. Engineered hardwood floors throughout the entire main and second floor, make for seamless transitions between rooms. Ascend the wide wooden staircase to the second level which offers 3 good sized bedrooms and laundry room. The large master bedroom with ensuite bathroom features a European-style heated towel rail, stand alone bathtub, double sinks and a large glass shower. The master walk-in wardrobe with custom built floor to ceiling closet shelving makes organizing your wardrobe easy. In the lower level, there is a cedar wood sauna and a shower. The basement offers tasteful and modern ceramic tile throughout the space. Please note that the basement ceiling height is only 6' at its highest point. This custom home features contemporary feature walls offering style, colour and elegance throughout.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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.
146 Victoria 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 $633/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 60 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.
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 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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.