$769,000 - 455 St James Street, London East
Detached for Sale in London East
- MLS Number
- X13161078
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- STREETCITY REALTY INC.
Situated in the sought-after neighbourhood of Old North London, this beautifully restored yellow brick two-storey blends timeless character with upscale modern living. Extensively renovated throughout with quality finishes and thoughtful design, this 3-bedroom home offers an open-concept layout filled with natural light, soaring 10 ft ceilings, rich walnut flooring, and an urban loft-style feel that truly stands out. The custom Martin Jesko kitchen is a true showpiece featuring a stunning 16 ft island, gas cooktop, built-in oven and microwave, oversized double-door fridge, integrated double dishwashers, custom cabinetry, solid surface countertops, and incredible storage -a perfect space for entertaining and everyday living. The main floor also offers a beautifully updated 4-piece bath with heated floors, convenient main floor laundry with custom storage, and flexible living and dining spaces with sliding doors leading to the rear deck and private backyard. Upstairs features 3 spacious bedrooms including a primary retreat with custom built-in wardrobes and a spa-inspired 4-piece bath complete with heated floors, glass shower, and soaker tub. Additional updates include newer windows (2022, excluding front heritage windows), metal roof, and a new backyard fence offering added privacy and separation of space.Outside, enjoy a charming front porch, rear deck, private yard, and parking for multiple vehicles. Located just steps to downtown, Western University, St. Joseph's Hospital, parks, trails, bike paths, and some of London's best amenities. A rare opportunity to own a one-of-a-kind Old North home with the perfect mix of character, luxury, and modern function.
Estimate your monthly payments for this property
Estimated Payment
$3,945.37/mo
Includes CMHC insurance ($21,455)
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.
455 St James Street, 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 30+ years of GTA real estate experience
Competitive Pricing
At $513/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.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $3,204 (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.