$464,900 - 178 East Street, London East
Detached for Sale in London East
45 days on market- MLS Number
- X13084026
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- SUTTON GROUP PREFERRED REALTY INC.
Bursting with character, functionality and endless potential this 1.5 storey century home has 2 bathrooms and 2 bedrooms (formerly a 3 bedroom as primary bedroom made into 1 larger room but could easily be converted back) and is located on a wide private corner lot with detached garage and the possibility to sever the lot or add an accessory dwelling unit (subject to local requirements). The single car garage is vinyl sided, wired for hydro & has a metal roof - great for your vehicle, a workshop or man cave. You will love relaxing on the charming front porch on summer afternoons. This home has lots of old world charm including original lovely oak front door, some stained glass windows, ornate trim work, high ceilings & baseboards, crown moulding and hardwood floors. The cozy front living room with big picture window could also be used as a main floor bedroom. The dining room has high ceilings, elegant trim and is currently home to a grand piano. The spacious kitchen has lots of charm, a window with views of the lovely yard and is partially open to the dining area. There is also a convenient 3 piece bathroom on this level and door leading to the back deck so you can enjoy summer BBQs as you overlook the large lot with plenty of room for the kids or pets to play. There are 2 bedrooms on the upper level with lots of storage and the second floor landing is large enough for an office or reading nook. The basement is partially finished with an office, the laundry is there plus tons of storage. Furnace & A/C 2019, Roof, Garage Door & Opener 2018, New Deck Boards on Porch 2024 & Water Heater 2022. Some windows were replaced and plumbing & electrical were updated by the previous owner. This home is close to schools, public transit, shopping and has easy access to Hwy 401
Estimate your monthly payments for this property
Estimated Payment
$2,385.18/mo
Includes CMHC insurance ($12,971)
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.
178 East 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 $423/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.
Market Position
At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.