1555 Highbury Avenue Unit 25, London East

Price: $439,000

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12981610

One floor brick end-unit condo located in North/East London's River Valley North area. Featuring 2 bedrooms, 2.5 bathrooms, a bright open concept kitchen with peninsula-style breakfast bar, stainless steel 3-door fridge, gas stove and dishwasher, dining area with large windows, and a great room with triple doors to a large privacy deck backing onto single-family homes. Main floor laundry with washer and dryer included. Ceramic floors throughout the main floor. Large primary bedroom with vaulted circular top window, walk-in closet, and cheater ensuite. Large front foyer spanning front to back, with a staircase to the finished lower level. A 26'9" x 17'8" massive family room with laminate flooring, a convenient 3-piece bath with glass-door shower, storage room, and workshop. High-efficiency forced-air gas furnace with central air, 100-amp service with breakers. The end unit features extra windows on the North side and a walkway to the rear deck area. 1-car garage with automatic opener and inside entry, parking for 2 cars. Walking distance to the River Valley Trail System, transit, and many amenities. Quick possession available.

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$439,000 - 1555 Highbury Avenue Unit 25, London East

Condo for Sale in London East

70 days on market
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12981610
Property Type
Condo
Status
active
Days on Site
70
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
London East
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
SUTTON GROUP - SELECT REALTY
Description

One floor brick end-unit condo located in North/East London's River Valley North area. Featuring 2 bedrooms, 2.5 bathrooms, a bright open concept kitchen with peninsula-style breakfast bar, stainless steel 3-door fridge, gas stove and dishwasher, dining area with large windows, and a great room with triple doors to a large privacy deck backing onto single-family homes. Main floor laundry with washer and dryer included. Ceramic floors throughout the main floor. Large primary bedroom with vaulted circular top window, walk-in closet, and cheater ensuite. Large front foyer spanning front to back, with a staircase to the finished lower level. A 26'9" x 17'8" massive family room with laminate flooring, a convenient 3-piece bath with glass-door shower, storage room, and workshop. High-efficiency forced-air gas furnace with central air, 100-amp service with breakers. The end unit features extra windows on the North side and a walkway to the rear deck area. 1-car garage with automatic opener and inside entry, parking for 2 cars. Walking distance to the River Valley Trail System, transit, and many amenities. Quick possession available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

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

1555 Highbury Avenue Unit 25, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$1,308

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 $439/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 70 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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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