$825,000 - 303 Pall Mall Street, London East
Detached for Sale in London East
Popular Listing- MLS Number
- X13419318
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Welcome to this spacious 5-bedroom yellow brick home ideally located just off Richmond Row in an unbeatable location. Whether you're searching for a place to call home, an investment opportunity, or a property with flexibility for future use, this home offers an exceptional combination of space, character, and location.The main living area features soaring ceilings, skylights that flood the space with natural light, and a cozy gas fireplace, creating a warm and inviting atmosphere for relaxing or entertaining. The spacious kitchen offers a large island, built-in oven, stove top, dishwasher, and ample cupboard space, making it ideal for everyday living or hosting family and friends. The main floor includes 2 bedrooms, a 3-piece bathroom, and a separate laundry room. Off the living room, patio doors lead to a large deck and fully fenced backyard with 3 rear parking spaces, offering great outdoor living and functionality. Upstairs, you'll find 3 additional bedrooms, including a spacious primary bedroom with walk-in closet, along with an updated 4-piece bathroom. The lower level provides additional living space perfect for a rec room, home gym, office, or extra storage, complete with a beautiful brick feature wall. With 5 bedrooms and a highly desirable location, this property presents an excellent investment opportunity in a strong rental market close to Western University and major employers. Located just minutes from University Hospital, St. Joseph's Hospital, Masonville Mall, and the vibrant restaurants, cafés, patios, and shops of Richmond Row, this property is perfectly suited for working professionals, families, students, or investors alike. Enjoy the convenience of downtown living with transit, parks, entertainment, and everyday amenities all within walking distance
Estimate your monthly payments for this property
Estimated Payment
$4,232.68/mo
Includes CMHC insurance ($23,018)
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.
303 Pall Mall 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 $550/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.
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.
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 $3,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.