230 Clarke Road Unit 26, London East

Price: $429,999

5 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12811730

Welcome to Unit 26 at Sunrise Village, a rare 2-storey End unit that has been meticulously transformed from top to bottom. This 3+2 bedroom, 3-bathroom home offers over 1,100 sq. ft. of modern living space, featuring high-efficiency forced air gas heat and central AC-A premium upgrade for this community. The bright, open-concept main floor flows seamlessly into a private, fully fenced outdoor patio, perfect for summer entertaining. The finished lower level is a versatile sanctuary with two lounge spaces modern 4-piece bathroom, walk-in shower. Located steps from Argyle Mall, Near Fanshaw Collage, Top schools, and transit, this move-in-ready gem offers sophisticated living with low maintenance fees ($345) that include water and two parking spots. Don't miss the best-positioned unit in the Complex, making it an ideal choice for both savvy investors and first-time buyers.

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$429,999 - 230 Clarke Road Unit 26, London East

Condo for Sale in London East

40 days on market
5Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12811730
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
5
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
London East
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Welcome to Unit 26 at Sunrise Village, a rare 2-storey End unit that has been meticulously transformed from top to bottom. This 3+2 bedroom, 3-bathroom home offers over 1,100 sq. ft. of modern living space, featuring high-efficiency forced air gas heat and central AC-A premium upgrade for this community. The bright, open-concept main floor flows seamlessly into a private, fully fenced outdoor patio, perfect for summer entertaining. The finished lower level is a versatile sanctuary with two lounge spaces modern 4-piece bathroom, walk-in shower. Located steps from Argyle Mall, Near Fanshaw Collage, Top schools, and transit, this move-in-ready gem offers sophisticated living with low maintenance fees ($345) that include water and two parking spots. Don't miss the best-positioned unit in the Complex, making it an ideal choice for both savvy investors and first-time buyers.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,206.12/mo

Includes CMHC insurance ($11,997)

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5-yr fixed avg.

Principal: $386,999Interest: $262,839
Mortgage Amount$398,996
Total Interest$262,839
Est. Property Tax$305/mo
Total Cost$661,835

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

230 Clarke Road Unit 26, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
7.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$650
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$2,515

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $430/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 40 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.

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.

Excellent Flexibility

With 5 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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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