$460,000 - 418 Ashland Avenue, London East
Single Family Home for Sale in London East
New — Listed 6 days ago- MLS Number
- X12671162
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 sqft
- Neighbourhood
- London East
- Listing Brokerage
- STREETCITY REALTY INC.
Vacant possession of two self-contained units! Calling all first-time homebuyers and savvy investors, this charming brick home on a sought-after corner lot offers incredible flexibility and opportunity. Thoughtfully configured as two separate units, the property is ideal for multi-generational living, owner-occupiers seeking rental income, or investors looking for a turnkey addition to their portfolio. The main floor and lower level feature a spacious, character-filled layout highlighted by a renovated modern kitchen (2021) with premium KitchenAid appliances, a formal dining area, and a decorative brick fireplace that adds warmth and style to the living room. Hardwood floors and original woodwork throughout showcase the home's timeless charm and craftsmanship. Upstairs, you'll find a bright and efficiently designed one-bedroom apartment with a private entrance, perfect for guests, in-laws, or rental income-offering both comfort and privacy. Step outside to a fully fenced backyard oasis, ideal for relaxing, entertaining, summer barbecues, or gardening. Parking is convenient with space for up to three vehicles. Recent updates include newer windows, a cement patio and walkway, updated garage siding, and a freshly painted interior. Best of all, this home is just steps from some of the city's most exciting destinations, including the Hard Rock Hotel, Kellogg's Lane, The Factory, and the vibrant Old East Village. Enjoy an energetic lifestyle surrounded by great dining, entertainment, and culture. This is a rare opportunity to own a versatile, character-rich brick home in a prime location-don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$2,360.04/mo
Includes CMHC insurance ($12,834)
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.
418 Ashland Avenue, London East
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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 25+ years of GTA real estate experience
Competitive Pricing
At $418/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.
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.
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.