228 Pochard Lane, London East

Price: $449,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13115738

3+1 Bedroom Bungalow in Whitlow Estates! This solid family bungalow in quiet, family-friendly Whitlow Estates delivers outstanding value and strong income potential. The bright main level features hardwood and ceramic floors, a sun-filled kitchen, and a main bathroom with skylight. Recent updates include new vinyl windows (2019), shingles (2017), central air, and a high-efficiency 93.5% modulating furnace (2008). The home is move-in ready and awaits your personal cosmetic touches. The finished lower level offers a family room, bedroom, four-piece bath, kitchenette, and entertaining space, perfect for an in-law suite, granny flat, teen retreat, or future rental with separate entrance potential. Located minutes from East Park, top schools, shopping, bus routes, and quick 401 access. University of Western Ontario is a short 15-20 minute drive, while Fanshawe College is even closer at 10-15 minutes. Ideal for families, university or college students, faculty, or investors seeking proximity to education and employment hubs.Exceptional value in a premium neighbourhood. Don't miss this opportunity. Your chance today!

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$449,900 - 228 Pochard Lane, London East

Detached for Sale in London East

38 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13115738
Property Type
Detached
Status
active
Days on Site
38
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

3+1 Bedroom Bungalow in Whitlow Estates! This solid family bungalow in quiet, family-friendly Whitlow Estates delivers outstanding value and strong income potential. The bright main level features hardwood and ceramic floors, a sun-filled kitchen, and a main bathroom with skylight. Recent updates include new vinyl windows (2019), shingles (2017), central air, and a high-efficiency 93.5% modulating furnace (2008). The home is move-in ready and awaits your personal cosmetic touches. The finished lower level offers a family room, bedroom, four-piece bath, kitchenette, and entertaining space, perfect for an in-law suite, granny flat, teen retreat, or future rental with separate entrance potential. Located minutes from East Park, top schools, shopping, bus routes, and quick 401 access. University of Western Ontario is a short 15-20 minute drive, while Fanshawe College is even closer at 10-15 minutes. Ideal for families, university or college students, faculty, or investors seeking proximity to education and employment hubs.Exceptional value in a premium neighbourhood. Don't miss this opportunity. Your chance today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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

228 Pochard Lane, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
7.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$2,787

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 $643/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 38 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.

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.

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.

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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    228 Pochard Lane, London East | $449,900 | Battaglia Team