$439,900 - 315 Simpson Crescent, London East
Detached for Sale in London East
Popular Listing- MLS Number
- X13240422
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- MAVERICK REAL ESTATE INC.
Welcome to this spacious one-floor home nestled on a quiet, low-traffic crescent in London's established Bonaventure Meadows neighbourhood. Offering an excellent combination of comfort, functionality, and future potential, this property is ideal for first-time buyers, young families, downsizers, or investors looking for a well-located opportunity. The main floor features a bright and inviting layout with a generous living room, dedicated dining area, functional galley-style kitchen, and an additional dinette space for everyday meals. Three well-sized bedrooms provide plenty of room for the whole family, including a spacious primary bedroom large enough to accommodate a king-sized bed and featuring a walk-in closet. A convenient 4-piece bathroom serves the main level. The unfinished lower level presents a fantastic opportunity to add value and create additional living space, with generous ceiling height, framing already in place, a roughed-in bathroom, large utility and storage area, and a separate side entrance that may appeal to buyers exploring the potential for an in-law suite or mortgage helper. Outside, the fully fenced backyard offers privacy and space to relax or entertain, complete with a storage shed and poured concrete patio area. Located just minutes from parks, schools, childcare, shopping, public transit, Fanshawe College, and convenient access to Veterans Memorial Parkway and Highway 401, this home offers the perfect balance of peaceful residential living and everyday convenience. With a furnace and air conditioner updated approximately 4 years ago, plenty of room to grow, and exceptional value for the area, this is an opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$2,256.92/mo
Includes CMHC insurance ($12,273)
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.
315 Simpson Crescent, London East
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $628/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.
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.
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.
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.