$455,000 - 219 Fairway Avenue, London East
Detached for Sale in London East
New — Listed 2 days ago- MLS Number
- X13454846
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- RE/MAX CENTRE CITY REALTY INC.
Excellent Value!!! Solid brick bungalow on private mature lot on a very quiet street in Fairmont, one of East London's prettiest, mature subdivisions. Excellent floorplan-this one has been modified from a 3 bedroom on the main floor to a two bedroom, now with an open, formal dining room/area off the updated eat-in kitchen featuring maple shaker cabinetry. Could easily be converted back to 3 bedrooms if desired. Replacement windows throughout. Bright & spacious living room features original hardwood flooring & a 3 season sunroom off the dining room offers a relaxing space overlooking the very private rear yard. Lower level space is excellent with an abundance of windows: very spacious family room with gas fireplace & two windows for lots of natural light, as well as an additional exttremely spacious room approximately 16' x 10' (also with 2 windows) that could easily be a 3rd bedroom with installation of an egress window, an oversized 2 piece bathroom large enough to be renovated to 3 piece with shower & an additional office or storage room. Separate side entrance to lower level makes for nice setup for income or possible suite in basement. Newer furnace & air (August/24) & an excellent detached garage or workshop with excellent electrical as well as its own separate gas furnace (owner has not used garage furnace in approximately 12 years). Super value here & an excellent opportunity to increase value and build equity while enjoying great quality of life in an excellent location. Why look at semi-detached when you can own fully detached at the same price point?
Estimate your monthly payments for this property
Estimated Payment
$2,334.39/mo
Includes CMHC insurance ($12,695)
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.
219 Fairway 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 $650/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Efficient Living
At 700 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.
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.