1904 Culver Drive, London East

Price: $299,900

6 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X12936818

Welcome to 1904 Culver Drive - a spacious and versatile property offering exceptional value and upside potential. Featuring six generously sized bedrooms, this home provides flexibility for growing families, multi-generational living, or those seeking additional workspace. This property is well-suited for first-time home buyers, downsizers, investors seeking a single-family rental, or contractors looking for a value-add renovation opportunity. The property will be vacant on possession, allowing for immediate occupancy or renovation. Location is key - just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College. You're also conveniently close to shopping centres, parks, places of worship, and Highway 401. Additional features include three dedicated parking spaces on the property, plus visitor parking within the complex, as well as municipal garbage collection for added convenience .A rare chance to secure a well-located property with strong fundamentals and long-term growth potential - priced to sell.

1904 Culver Drive - Condo photo 1 of 11 in London East, Ontario
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$299,900 - 1904 Culver Drive, London East

Condo for Sale in London East

81 days on market
6Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X12936818
Property Type
Condo
Status
active
Days on Site
81
Bedrooms
6
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
London East
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Welcome to 1904 Culver Drive - a spacious and versatile property offering exceptional value and upside potential. Featuring six generously sized bedrooms, this home provides flexibility for growing families, multi-generational living, or those seeking additional workspace. This property is well-suited for first-time home buyers, downsizers, investors seeking a single-family rental, or contractors looking for a value-add renovation opportunity. The property will be vacant on possession, allowing for immediate occupancy or renovation. Location is key - just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College. You're also conveniently close to shopping centres, parks, places of worship, and Highway 401. Additional features include three dedicated parking spaces on the property, plus visitor parking within the complex, as well as municipal garbage collection for added convenience .A rare chance to secure a well-located property with strong fundamentals and long-term growth potential - priced to sell.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,538.64/mo

Includes CMHC insurance ($8,367)

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5-yr fixed avg.

Principal: $269,910Interest: $183,316
Mortgage Amount$278,277
Total Interest$183,316
Est. Property Tax$212/mo
Total Cost$461,593

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

1904 Culver Drive, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
12.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$520
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$3,006

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 $375/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 81 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.

Efficient Living

At 800 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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.

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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    MLS# X12936818 — 1904 Culver Drive | Battaglia Team