$1,899,000 - 512 Colborne Street, London East
Detached for Sale in London East
49 days on market- MLS Number
- X13071922
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Historically significant gem restored to perfection! Step back in time and into luxury with this meticulously restored century home. This architecture masterpiece has been lovingly renovated to perserve its original charm while incorportating modern amenities for contemporary living. As you enter the grand foyer, you're greeted by inlaid floors, a stately fireplace, huge stained glass windows, soaring ceilings, and intricate original woodwork with elegant detailing. The enormous gourmet kitchen is a chef's delight, featuring top-of-the-line appliances, custom cabinetry, granite countertops, and french doors to a private patio. Retreat to the second floor to find three over sized bedrooms (one currently used as a gym) and a massive 5 piece bathroom. From here make your way to the primary suite, where tranquility awaits with a luxurious spa-like bathroom, separate his and her walk-in closets, in-suite laundry, and huge palladium windows. Outside, the professionally landscaped grounds offer a private oasis with a huge pool-sized lot, consisting of charming patios, walled gardens and lush greenery under a canopy of trees. With four bedrooms, three bathrooms, and ample living spaces, included a full-height basement, this historic home is perfect for entertaining. All modern comforts have been addressed with completely upgraded electrical, plumbing, HVAC, and level 2 EV charging installed in the garage. Located in one of London's most coveted historic neighbourhoods, steps from Victoria Park, Richmond Row restaurants, and a 10 minute drive to either Victoria or University Hospitals, this historic home offers the perfect blend of old-world elegance and modern comfort. Don't miss your chance to own a piece of history in this timeless masterpiece.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/mo
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.
512 Colborne 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 $543/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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.