$399,900 - 189 Colborne Street, London East
Detached for Sale in London East
43 days on market- MLS Number
- X13097414
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- HOUSESIGMA INC.
Tucked into the heart of London's vibrant SoHo neighbourhood, this beautifully renovated 3 bedroom home with further basement development potential offers the perfect blend of character, style, and opportunity. Located just minutes from downtown, shopping, and restaurants (like local favourites like SoHo Tacos & Tequila), this property delivers great value for the price. Inside, the home has been thoughtfully updated throughout, maintaining its warmth with unique design features that make it one of a kind. Beautiful hardwood floors run throughout the main living spaces, complemented by tasteful renovations including the kitchen that make the home feel fresh, modern, and move-in ready. The layout is functional and inviting, with bright living areas, spacious bedrooms, and plenty of natural light throughout.Step outside to enjoy a private backyard with space to relax, entertain, or garden. Downstairs, the basement offers exciting development potential with a bathroom rough-in already in place, creating excellent opportunities for additional family room, a home office, or creative flex area.Recent significant updates, too numerous to list, include: the kitchen (2025), hardwood flooring and tile (2023), ceiling (2023), light fixtures (2026), new owned hot water tank (2026), and recently installed newer appliances within the past few years. Full list available.A stylish, updated home that maintains its original charm in a prime central location with future upside, 189 Colborne is one you won't want to miss. Book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$2,051.69/mo
Includes CMHC insurance ($11,157)
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.
189 Colborne 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 $364/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 43 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.
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.
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.