$579,999 - 360 HALE Street, London East
Detached for Sale in London East
49 days on market- MLS Number
- X13064682
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ELIXIR REAL ESTATE INC.
Welcome to 360 Hale Street, a rare-to-find 2+1 bedroom and 2.5 bathroom home in the heart of London, offering the perfect blend of comfort, functionality, and future potential. Ideal for first-time buyers, smaller families, downsizers, or investors, this beautifully updated property is completely move-in ready. Freshly painted throughout and fully carpet-free, the home features a bright and modern interior complemented by stylish pot lights that create a warm and inviting atmosphere. The spacious primary bedroom includes a walkout to the backyard deck, providing the perfect place to enjoy your morning coffee or relax in the evenings. Situated on a generously sized lot, the property offers plenty of outdoor space for entertaining, gardening, or family gatherings. A standout feature is the separate side entrance to the basement, creating excellent potential for an in-law suite or future rental income opportunity, making it ideal for multi-generational living or added flexibility. Major upgrades include a brand-new roof with receipt available and transferable 40-year warranty for added peace of mind. The hot water tank was replaced last year and is fully owned, eliminating monthly rental fees. Conveniently located near schools, parks, shopping, restaurants, public transit, and major routes, this home combines everyday convenience with the charm of an established neighbourhood. A fantastic opportunity to own a well-maintained property with income potential in one of London's growing communities.
Estimate your monthly payments for this property
Estimated Payment
$2,975.69/mo
Includes CMHC insurance ($16,182)
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.
360 HALE Street, London East
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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
Fair Market Value
At $829/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.
Negotiation Opportunity
At 49 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.
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.
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.