443 Mornington Avenue, London East

Price: $539,900

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13064702

Welcome to this unexpected gem in a neighbourhood close to everything you need. At the heart ofthis 2+2 bedroom home is a spacious kitchen bathed in natural light from overhead skylightsand includes a brand new stove. The inviting sunroom is perfect for morning coffee or eveningrelaxation and accesses the landscaped rear yard. This home features a versatile loft suiteupstairs, and includes a private two-piece bath. Downstairs, the finished basement offers twoadditional bedrooms, ideal for guests or a growing household, plus a separate entrance forpossible basement suite. Situated in a convenient area, you'll be within walking distance oflocal shops, parks, and major amenities. This well maintained home blends comfort, practicality, and location-all ready for you to make it your own.

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$539,900 - 443 Mornington Avenue, London East

Detached for Sale in London East

49 days on market
4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13064702
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Lot Size
4,230 sqft
Listing Brokerage
THE AGENCY REAL ESTATE
Description

Welcome to this unexpected gem in a neighbourhood close to everything you need. At the heart ofthis 2+2 bedroom home is a spacious kitchen bathed in natural light from overhead skylightsand includes a brand new stove. The inviting sunroom is perfect for morning coffee or eveningrelaxation and accesses the landscaped rear yard. This home features a versatile loft suiteupstairs, and includes a private two-piece bath. Downstairs, the finished basement offers twoadditional bedrooms, ideal for guests or a growing household, plus a separate entrance forpossible basement suite. Situated in a convenient area, you'll be within walking distance oflocal shops, parks, and major amenities. This well maintained home blends comfort, practicality, and location-all ready for you to make it your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

$
$
5%10%50%

5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

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

443 Mornington Avenue, 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)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$2,706

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 $491/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 49 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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    443 Mornington Avenue, London East | $539,900 | Battaglia Team