$539,900 - 177 Edgevalley Road Unit 39, London East
Condo for Sale in London East
79 days on market- MLS Number
- X12946610
- Property Type
- Condo
- Status
- active
- Days on Site
- 79
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- London East
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- EXP REALTY
Welcome to 39-177 Edgevalley Road, a modern three-storey condo townhome in one of North East London's growing communities, just steps from the Thames Valley Parkway trails and minutes to everyday amenities. Offering low-maintenance living with condo fees of $268/month covering snow removal, landscaping, garbage removal, and exterior insurance including roof, windows, garage door, outdoor lighting, and balcony, this home blends lifestyle and convenience. The open-concept main level is anchored by an expansive kitchen designed for entertaining, featuring a full-sized seating area that comfortably accommodates eight, a backsplash added in 2020, sensor lighting and built-in outlets in the walk-in pantry, and upgraded lighting and hardware throughout. Smart home features include a smart thermostat, smart front door lock, and garage keypad entry. Built in 2020 and extensively updated in 2023, the home showcases modern finishes, replaced light fixtures and door hardware, custom cabinetry in the flex room, and a functional front entry with shiplap coat rack feature wall. The insulated garage has been enhanced for seasonal use, complete with added fan, heater, and TV. The upper levels offer bright, well-proportioned living spaces that feel larger than expected, creating a calm and welcoming atmosphere from the moment you walk in. Located just two minutes from grocery shopping, restaurants, and cafes, seven minutes to Masonville Mall, and under fifteen minutes to Highway 401 access, this home is ideally positioned for commuters and outdoor enthusiasts alike. With direct access to the Thames River trail system just steps away, biking, running, and stroller walks become part of your daily routine. A thoughtfully updated home in a location that continues to grow, offering modern comfort, smart functionality, and lasting value.
Estimate your monthly payments for this property
Estimated Payment
$2,769.97/mo
Includes CMHC insurance ($15,063)
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.
177 Edgevalley Road Unit 39, London East
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Rental income estimator & ROI calculator
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 $337/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 79 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.
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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.