44 Edgevalley Road Unit 10, London East

Price: $614,900

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13064366

Welcome to Riverview Condos in desirable North East London. This bright end-unit offers easy one-floor living in a quiet, well-managed community, ideal adult community for professionals and retirees alike maybe looking to transition from a larger home without sacrificing space or functionality. Enjoy the benefit of extra windows throughout, filling the home with natural light. Freshly painted in neutral colours, the main floor features 9 ft ceilings, crown molding, a spacious living area with gas fireplace, and a functional layout designed for everyday comfort. The living room opens to a private rear deck (updated 3 years ago) with privacy fencing-perfect for relaxing outdoors.Convenient main floor living includes a primary bedroom with ensuite, a second bedroom, full bathroom, and main floor laundry.The finished lower level adds exceptional versatility, offering a large family room, bedroom, full bathroom, and a kitchen area-ideal for guests, extended family, or a private retreat. There is also ample storage space in the utility area. .Other key updates including a furnace (2023), heat pump (2025), humidifier (2025), and owned hot water tank (2025), providing peace of mind.Additional features include a double car garage, private double driveway with ample parking, and a quiet setting within the complex. Located close to parks, Thames River trails, schools, shopping, and everyday amenities.A fantastic opportunity in a well-established community with reasonable condo fees and a strong sense of neighbourhood.

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$614,900 - 44 Edgevalley Road Unit 10, London East

Condo for Sale in London East

50 days on market
3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13064366
Property Type
Condo
Status
active
Days on Site
50
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
London East
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
THE REALTY FIRM INC.
Description

Welcome to Riverview Condos in desirable North East London. This bright end-unit offers easy one-floor living in a quiet, well-managed community, ideal adult community for professionals and retirees alike maybe looking to transition from a larger home without sacrificing space or functionality. Enjoy the benefit of extra windows throughout, filling the home with natural light. Freshly painted in neutral colours, the main floor features 9 ft ceilings, crown molding, a spacious living area with gas fireplace, and a functional layout designed for everyday comfort. The living room opens to a private rear deck (updated 3 years ago) with privacy fencing-perfect for relaxing outdoors.Convenient main floor living includes a primary bedroom with ensuite, a second bedroom, full bathroom, and main floor laundry.The finished lower level adds exceptional versatility, offering a large family room, bedroom, full bathroom, and a kitchen area-ideal for guests, extended family, or a private retreat. There is also ample storage space in the utility area. .Other key updates including a furnace (2023), heat pump (2025), humidifier (2025), and owned hot water tank (2025), providing peace of mind.Additional features include a double car garage, private double driveway with ample parking, and a quiet setting within the complex. Located close to parks, Thames River trails, schools, shopping, and everyday amenities.A fantastic opportunity in a well-established community with reasonable condo fees and a strong sense of neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,154.76/mo

Includes CMHC insurance ($17,156)

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5-yr fixed avg.

Principal: $553,410Interest: $375,861
Mortgage Amount$570,566
Total Interest$375,861
Est. Property Tax$436/mo
Total Cost$946,427

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

44 Edgevalley Road Unit 10, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$436
Insurance (est.)-$128
Net Cash Flow+$1,546

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 $615/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 50 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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 $2,562 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    44 Edgevalley Road Unit 10, London East | $614,900 | Battaglia Team