366 Ashland Avenue, London East

Price: $414,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12909226

Do not miss this cozy and solid yellow brick house, 3 bedrooms, 1.5 bathroom, in Great Old East London! situated in quiet street. Great fit for young family or first time home buyer. Features covered front porch, a good size family room open to dining room, a primary bedroom on the main floor, and an updated kitchen with island and 3 pc. Bathroom, a sunroom for relaxation times. Second floor offer 2 bedrooms, 2 pc bathroom. Fully fenced backyard with storage room, privet long driveway almost 3 cars. New sewer line updated 2 years ago. Located in desirable neighbourhood, close to downtown, Fanshawe College, school buses, shopping, a few steps to public transportation, easy access to highway 401. Book Your Showing Today!

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$414,900 - 366 Ashland Avenue, London East

Detached for Sale in London East

88 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12909226
Property Type
Detached
Status
active
Days on Site
88
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
STREETCITY REALTY INC.
Description

Do not miss this cozy and solid yellow brick house, 3 bedrooms, 1.5 bathroom, in Great Old East London! situated in quiet street. Great fit for young family or first time home buyer. Features covered front porch, a good size family room open to dining room, a primary bedroom on the main floor, and an updated kitchen with island and 3 pc. Bathroom, a sunroom for relaxation times. Second floor offer 2 bedrooms, 2 pc bathroom. Fully fenced backyard with storage room, privet long driveway almost 3 cars. New sewer line updated 2 years ago. Located in desirable neighbourhood, close to downtown, Fanshawe College, school buses, shopping, a few steps to public transportation, easy access to highway 401. Book Your Showing Today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,128.65/mo

Includes CMHC insurance ($11,576)

$
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5%10%50%

5-yr fixed avg.

Principal: $373,410Interest: $253,610
Mortgage Amount$384,986
Total Interest$253,610
Est. Property Tax$294/mo
Total Cost$638,596

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.

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Neighbourhood Guide: London East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

366 Ashland Avenue, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
7.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$294
Insurance (est.)-$86
Net Cash Flow+$2,420

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $377/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 88 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.

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.

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    366 Ashland Avenue, London East | $414,900 | Battaglia Team