$467,900 - 166 Ashland Avenue, London East
Detached for Sale in London East
51 days on market- MLS Number
- X13057626
- Property Type
- Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Looking for your first home in London that offers comfortable living with the room to design and improve on your own timeline? Or maybe a smart investment in a high-growth neighbourhood? This might be it 166 Ashland Ave, is a charming and move-in ready 3+1 bedroom, 2-bath home located near the heart of Old East Village, one of London's most exciting and rapidly evolving neighbourhoods, you're just minutes from the energy of the Western Fair District and 100 Kellogg Lane. Enjoy local markets, live music, artisan vendors, and year-round events, all within a reasonable walk or quick drive. Spend weekends exploring nearby microbreweries, unique cafés, and the endless activities at The Factory and Hard Rock Hotel. Once inside, you'll immediately notice the fresh, modern appeal. The kitchen has been opened to the living room and features a peninsula with quartz countertop. Great style and function make everyday living and routines convenient and easy. Recently painted throughout, this home offers a clean, bright canvas that's perfect for first-time buyers who want something turnkey without the stress of renovations. With three spacious bedrooms plus an additional lower-level flex room/bedroom, this layout offers great options for growing families, young professionals, downsizers or investors looking to maximize rental potential. Whether it's a home office, guest suite, or future income opportunity, the space is there. The backyard truly sets this home apart- it's a huge, private outdoor space that the current owner fell in love with. It's rare to find this kind of lot in such a central location offering privacy and the ideal balance of sun and shade. Perfect for summer entertaining, energetic pets, gardening, or simply having quiet evenings under the sky, this backyard delivers lifestyle fun and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$2,400.57/mo
Includes CMHC insurance ($13,054)
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.
166 Ashland Avenue, 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 $668/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 51 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.