1830 Dumont Street Unit 202, London East

Price: $229,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13207822

Finding a stylish, move-in ready home under $250,000 in London feels nearly impossible... until now. Welcome to the condo that completely changes expectations at this price point. Forget outdated units and expensive renovation projects - this beautifully updated 2-bedroom condo has already had the work done for you from top to bottom. Step inside and immediately notice the fresh, modern feel created by brand new luxury vinyl flooring, professional paint throughout, and an entirely updated kitchen featuring custom cabinetry, updated countertops, and sleek stainless steel appliances. The fully renovated bathroom offers a clean, contemporary finish with a new tub, vanity, and flooring that gives the space a polished, upscale feel rarely found in this budget range. Location matters, and this one delivers. Situated less than 500 metres from schools, the East Lions Community Centre, shopping, restaurants, Walmart, Canadian Tire, and Argyle Mall, you can leave the car parked and enjoy everyday convenience right at your doorstep. Whether you're a first-time buyer trying to break into the market, an investor searching for a turnkey rental opportunity, or someone looking to simplify life with affordable, low-maintenance living, this property checks every box. Even better? Utilities are included in the condo fees, helping keep monthly expenses predictable in a time when every dollar counts. Clean, updated, affordable, and exceptionally well located - opportunities like this do not come around often in today's London market. Move in, unpack, and enjoy.

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$229,000 - 1830 Dumont Street Unit 202, London East

Condo for Sale in London East

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13207822
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
London East
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
PROPERTY.CA INC
Description

Finding a stylish, move-in ready home under $250,000 in London feels nearly impossible... until now. Welcome to the condo that completely changes expectations at this price point. Forget outdated units and expensive renovation projects - this beautifully updated 2-bedroom condo has already had the work done for you from top to bottom. Step inside and immediately notice the fresh, modern feel created by brand new luxury vinyl flooring, professional paint throughout, and an entirely updated kitchen featuring custom cabinetry, updated countertops, and sleek stainless steel appliances. The fully renovated bathroom offers a clean, contemporary finish with a new tub, vanity, and flooring that gives the space a polished, upscale feel rarely found in this budget range. Location matters, and this one delivers. Situated less than 500 metres from schools, the East Lions Community Centre, shopping, restaurants, Walmart, Canadian Tire, and Argyle Mall, you can leave the car parked and enjoy everyday convenience right at your doorstep. Whether you're a first-time buyer trying to break into the market, an investor searching for a turnkey rental opportunity, or someone looking to simplify life with affordable, low-maintenance living, this property checks every box. Even better? Utilities are included in the condo fees, helping keep monthly expenses predictable in a time when every dollar counts. Clean, updated, affordable, and exceptionally well located - opportunities like this do not come around often in today's London market. Move in, unpack, and enjoy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,174.89/mo

Includes CMHC insurance ($6,389)

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5-yr fixed avg.

Principal: $206,100Interest: $139,978
Mortgage Amount$212,489
Total Interest$139,978
Est. Property Tax$162/mo
Total Cost$352,467

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

1830 Dumont Street Unit 202, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
8.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$162
Insurance (est.)-$48
Net Cash Flow+$1,600

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 $382/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 22 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.

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.

Efficient Living

At 600 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.

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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    1830 Dumont Street Unit 202, London East | $229,000 | Battaglia Team