379 Grosvenor Street, London East

Price: $749,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12932986

Amazing Old North location with enormous lot for sale! This well maintained home is in theheart of the city in a quiet neighbourhood very close to amenities, schools including UWO, public transit, St Joseph's hospital and plenty of parks and green space. With 3 + 1 bedroomsand 2.5 baths, there is plenty of privacy and room for families as well as a very functionallayout. The rear yard is very spacious with a fenced off portion, which when opened up, willextend your yard even further. There is a covered porch on the back for enjoying a morningcoffee or some shade on a sunny day. There is a detached garage with additional storage roomoff the back and room for one vehicle to park. Additionally, there is room for another 5 carsto park in the private drive. Stainless steel appliances in the kitchen, with solid stonecounter tops make it an inviting place to cook and enjoy some family time. The partiallyfinished basement could be home to additional living space or storage and the laundryfacilities are also included in the basement including a brand new washing machine installed inearly 2025. A brand new furnace was installed in December of 2025 as well as partialeavestroughs in 2026. Most flooring updated within the last 4 years.

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$749,900 - 379 Grosvenor Street, London East

Detached for Sale in London East

82 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12932986
Property Type
Detached
Status
active
Days on Site
82
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London East
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Amazing Old North location with enormous lot for sale! This well maintained home is in theheart of the city in a quiet neighbourhood very close to amenities, schools including UWO, public transit, St Joseph's hospital and plenty of parks and green space. With 3 + 1 bedroomsand 2.5 baths, there is plenty of privacy and room for families as well as a very functionallayout. The rear yard is very spacious with a fenced off portion, which when opened up, willextend your yard even further. There is a covered porch on the back for enjoying a morningcoffee or some shade on a sunny day. There is a detached garage with additional storage roomoff the back and room for one vehicle to park. Additionally, there is room for another 5 carsto park in the private drive. Stainless steel appliances in the kitchen, with solid stonecounter tops make it an inviting place to cook and enjoy some family time. The partiallyfinished basement could be home to additional living space or storage and the laundryfacilities are also included in the basement including a brand new washing machine installed inearly 2025. A brand new furnace was installed in December of 2025 as well as partialeavestroughs in 2026. Most flooring updated within the last 4 years.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

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5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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

379 Grosvenor Street, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,513

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 $500/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 82 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London East. Good resale value as demand remains consistent.

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.

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 $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    379 Grosvenor Street, London East | $749,900 | Battaglia Team