$574,900 - 3 Baffin Place, London East
Detached for Sale in London East
- MLS Number
- X13239008
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Nestled on a quiet cul de sac in the desirable Trafalgar Heights neighbourhood, is a stunning 5 bedroom, 2 bathroom sidesplit that surely stands out among all others! Upon first glance, you'll notice how well this home has been meticulously cared for! From the show stopping curb appeal and beautifully manicured front, to the fully fenced in, private and lush backyard, you'll never want to leave the house! The exterior of the home is complimented by a double wide paved driveway - accommodating up to 6 cars, a private deck with a gazebo, a separate seating area with a fire pit, and a garden shed... completing the ultimate outdoor oasis. As you step inside the front door, admire how fresh and inviting this home truly is. Take in the thoughtful open concept layout as you flow through your spacious living room - perfect for entertaining, to your charming dining room and gorgeous eat-in kitchen with so much storage! Directly off of the kitchen is your separate entrance to the backyard and stairs leading down to your fully finished basement. Head upstairs to find your spacious primary bedroom, 2 additional bedrooms perfect for a home office, children's rooms or guests, and a 4-piece bathroom perfectly situated amongst it all. The lower level creates the perfect backdrop for an in-law suite. With an additional separate entrance, 2 extra bedrooms, a 3-piece bathroom, and your laundry room with ample storage! Whether you're envisioning an in-law suite or simply using the additional space for an exercise room, or hobby area - this home accommodates it all. Just steps away from trails, parks, catholic and public schools, and grocery stores, what more could you ask for? Don't delay, book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$2,949.53/mo
Includes CMHC insurance ($16,040)
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.
3 Baffin Place, 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
Fair Market Value
At $821/sqft, this property is priced in line with current London East market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 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.
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.
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 $2,395 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.