$599,000 - 254 Crimson Crescent, London East
Detached for Sale in London East
- MLS Number
- X13153808
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Presenting, 254 Crimson Crescent, London, Ontario Welcome to this beautifully maintained two-storey, three-bedroom home where exceptional curb appeal meets thoughtful design. From the manicured gardens and elegant stonework to the inviting front entrance, pride of ownership is evident from the moment you arrive. Step inside to a bright, spacious foyer that sets the tone for the rest of the home. The main level offers convenience and style with a two-piece powder room, main floor laundry, and direct access to the attached one-and-a-half car garage.The kitchen features built-in appliances, granite countertops, and a seamless walkout to a professionally landscaped, fully fenced backyard complete with stamped concrete and flagstone patio-perfect for relaxing or entertaining.The open-concept living and dining area is warm and inviting, highlighted by a electric fireplace, pot lighting, and upgraded window coverings.The finished basement extends your living space with brand new broadloom, a stylish dry bar, built-in refrigerator, custom cabinetry, surround sound, and large windows. An oversized furnace room provides excellent storage.Upstairs offers three spacious bedrooms with hardwood flooring. The primary suite features a cathedral ceiling, his-and-hers closets, and a private four-piece ensuite, plus an additional full bath for the family.With a roof updated in 2021 and a prime location steps from East Park and minutes to the 401, schools, parks, and shopping-this home truly has it all.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
254 Crimson Crescent, 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 $399/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 29 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.
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.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.