$900,000 - 1564 Benjamin Drive, London East
Detached for Sale in London East
53 days on market- MLS Number
- X12963792
- Property Type
- Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- NU-VISTA PINNACLE REALTY BROKERAGE INC
Welcome to this stunning, nearly-new 2-storey home offering 2,698 sq ft of thoughtfully designed living space, perfectly blending style, function, and modern finishes. Situated on a generous lot, this home is ideal for growing families and those who love to entertain. The main floor features a bright, open-concept layout with a spacious living room, formal dining area, and a beautifully upgraded kitchen complete with quartz countertops, ceiling-height cabinetry, and ample storage. A cozy dinette area overlooks the backyard, while a private office provides the perfect work-from-home setup. Upstairs, you'll find four well-appointed bedrooms. The primary suite is a true retreat, showcasing a luxurious ensuite with a glass-tiled shower, freestanding tub, and double sink quartz vanity. One secondary bedroom includes a walk-in closet, while another offers its own walk-in closet and private 3-piece ensuite with a glass-tiled shower and quartz vanity-perfect for guests or multigenerational living. A spacious main bathroom with double sinks and tiled tub/shower combo completes the upper level. The unfinished basement offers incredible potential and features a separate entrance-ideal for future in-law suite or income possibilities. Step outside to enjoy a covered rear deck, perfect for relaxing or entertaining rain or shine. A rare opportunity to own a spacious, upgraded home with versatile living options-don't miss your chance to make it yours!
Estimate your monthly payments for this property
Estimated Payment
$4,617.47/mo
Includes CMHC insurance ($25,110)
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.
1564 Benjamin 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
Competitive Pricing
At $360/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 53 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London East. Good resale value as demand remains consistent.
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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.