$699,900 - 277 McMahen Street, London East
Detached for Sale in London East
52 days on market- MLS Number
- X13051614
- Property Type
- Detached
- Status
- active
- Days on Site
- 52
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THE REALTY FIRM INC.
Welcome to this beautifully maintained two-storey home offering space, privacy, and an unbeatable location. This 4 bedroom, 2.5 bathroom home backs onto Carling Heights Optimist Community Centre with no rear neighbours and an impressive privacy wall, delivering a rare combination of convenience and seclusion. Enjoy walking access to parks, a wading pool, grocery stores, restaurants, and everyday amenities,with quick connections to downtown, Carling Arena, Western University, and Fanshawe College. Inside, the home features a bright and functional layout with generously sized rooms designed for comfortable everyday living. The kitchen offers a pantry, breakfast bar, ample cabinetry, and plenty of counter space, ideal for everyday living and meal preparation. Tile and hardwood flooring span the main level, while large operable windows throughout allow for excellent natural light and airflow. Upstairs, the primary suite features double door entry, a large 4-piece ensuite,and a generous walk-in closet. Three additional spacious bedrooms with one offering its own walk-in closet, providing room to grow your family.The outdoor space is truly a standout, featuring a spacious 16 x 40 concrete patio ideal for entertaining, dining, or relaxing under the covered seating area. The fully fenced yard offers ample green space along with a charming fire pit, all complemented by low maintenance landscaping and added walkways for ease of use. Lovingly cared for, the home includes a roof with 50-year shingles (2019), owned hot water heater (2018),central vacuum, alarm system, electric garage door opener, and additional custom cabinetry in the kitchen and bathrooms. The fully finished basement adds approximately 465 square feet of additional living space and is already roughed-in for a future bathroom if desired. A rare opportunity to own a spacious, move-in ready home in a highly walkable, family-friendly neighbourhood with exceptional privacy and access to everything you need.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
277 McMahen Street, 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 $350/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 52 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.
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.
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.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.