$525,000 - 1863 Herbert Avenue, London East
Detached for Sale in London East
35 days on market- MLS Number
- X13132302
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- REAL BROKER ONTARIO LTD
Tucked at the end of a quiet dead-end street in a friendly East London pocket, this oversized bungalow offers a rare mix of space, privacy, and a truly unique lot. Set beside green space, the property stretches beyond the fenced backyard, where a natural creek runs through the rear portion of the land-adding an extra layer of character and separation. Inside, you'll find three well-proportioned bedrooms, a bright and inviting living room, and a functional eat-in kitchen with plenty of room for casual meals and family gatherings. The layout is comfortable and practical, with great flow and clear potential to update or tailor the space over time. The outdoor space is a standout. Both the front and backyard have been thoughtfully landscaped and maintained, creating a welcoming first impression and a backyard that's ready to enjoy. The fenced yard offers usable space for kids or pets, while the extended lot beyond gives you that extra breathing room that's increasingly hard to find. Lovingly cared for by the same family since the 1958, this home reflects decades of pride of ownership. Add in wonderful neighbours and a peaceful street with minimal traffic, and you've got a setting that just feels like the perfect place to raise your family.Opportunities like this-oversized lots, quiet streets, and homes with a story-don't come up often. Take a closer look and imagine what comes next.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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.
1863 Herbert 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 $477/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 35 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.
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.
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 $2,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.