$629,500 - 50 Algonquin Crescent, London East
Detached for Sale in London East
- MLS Number
- X13162368
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- KELLER WILLIAMS LIFESTYLES
Welcome to this exceptionally well maintained bungalow offering one of the larger floor plans in the area, with over 2200 sq ft of finished living space and room for the whole family to spread out comfortably. This inviting home features 3+1 bedrooms, 2 full bathrooms, and a bright, functional layout perfect for everyday living and entertaining alike.The private fully fenced backyard is a wonderful spot to relax, entertain, or let kids and pets play safely, complete with a gazebo included for you to enjoy plus a handing roll out awning to cover the BBQ area on rainy days. Parking for 3 vehicles on the private drive adds to the convenience.Located in a sought-after family-friendly neighbourhood, this home backs onto a Catholic elementary school and is just a short walk to the public elementary school, walking paths, and beautiful wooded areas. You will also appreciate the quick access to the 401 along with nearby shopping, restaurants, and everyday amenities.Pride of ownership is evident throughout with many important updates already completed including furnace and central air, windows, and bathroom renovations. All appliances are included, making this truly a move-in ready opportunity in a fantastic location.
Estimate your monthly payments for this property
Estimated Payment
$3,229.66/mo
Includes CMHC insurance ($17,563)
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.
50 Algonquin Crescent, 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 $572/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 26 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.
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.
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 $2,623 (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.