38 Langton Road, London East

Price: $529,000

3 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Semi-Detached

MLS#: X12613672

Renovated semi with income potential less than 800m from Fanshawe College! Fully renovated and move-in ready, this 3-bedroom, 2-bath semi-detached home with a separatebasement studio apartment is a rare opportunity in a quiet, family-friendly Huron Heights neighbourhood less than 800m from Fanshawe College. Step inside to a bright, modern interior featuring new flooring, lighting, and oversized windows that flood the home with natural light.The sleek kitchen is complete with stainless steel appliances, updated cabinetry, and a walkout to the backyard. Upstairs, three spacious bedrooms and a beautifully updated 4-piece bath provide comfort and style. The finished basement boasts a private entrance, kitchen, bathroom,and open-concept space-perfect for generating rental income or accommodating extended family.Outside, enjoy a fully fenced yard with fresh landscaping and a handy storage shed. With the adjoining property also recently renovated, this home offers excellent curb appeal and long-term value. Ideal for investors, first-time buyers, or families seeking a stylish home with a mortgage-helper suite, this property truly checks all the boxes.

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New Listing
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$529,000 - 38 Langton Road, London East

Semi-Detached for Sale in London East

New — Listed 6 days ago
3Beds
2Baths
1,100Sq Ft
Semi-Detached
Property Details
MLS Number
X12613672
Property Type
Semi-Detached
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,100 sqft
Neighbourhood
London East
Lot Size
3,111 sqft
Listing Brokerage
THE AGENCY REAL ESTATE
Description

Renovated semi with income potential less than 800m from Fanshawe College! Fully renovated and move-in ready, this 3-bedroom, 2-bath semi-detached home with a separatebasement studio apartment is a rare opportunity in a quiet, family-friendly Huron Heights neighbourhood less than 800m from Fanshawe College. Step inside to a bright, modern interior featuring new flooring, lighting, and oversized windows that flood the home with natural light.The sleek kitchen is complete with stainless steel appliances, updated cabinetry, and a walkout to the backyard. Upstairs, three spacious bedrooms and a beautifully updated 4-piece bath provide comfort and style. The finished basement boasts a private entrance, kitchen, bathroom,and open-concept space-perfect for generating rental income or accommodating extended family.Outside, enjoy a fully fenced yard with fresh landscaping and a handy storage shed. With the adjoining property also recently renovated, this home offers excellent curb appeal and long-term value. Ideal for investors, first-time buyers, or families seeking a stylish home with a mortgage-helper suite, this property truly checks all the boxes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,714.04/mo

Includes CMHC insurance ($14,759)

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5-yr fixed avg.

Principal: $476,100Interest: $323,354
Mortgage Amount$490,859
Total Interest$323,354
Est. Property Tax$375/mo
Total Cost$814,213

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

38 Langton Road, 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)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$2,315

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $481/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $2,204 (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.

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