$398,900 - 554 Hale Street, London East
Detached for Sale in London East
56 days on market- MLS Number
- X13041238
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
This well-cared-for 870 sq. ft. bungalow offers exceptional value with a smart, functional layout. It's perfect for first-time home buyers, downsizers, or investors alike. Step inside to a warm and inviting main living space, where a cozy fireplace anchors the living room and flows seamlessly into the dining and kitchen areas, ideal for everyday living and effortless entertaining. The home features three comfortable bedrooms, including a primary retreat with private walkout access to the deck - perfect for morning coffee or evening relaxation! Step outside to your own backyard oasis, featuring a sun-soaked in-ground pool (pump replaced in 2019, complete with pool cleaner) and a spacious deck built for summer BBQs and gatherings. Pet owners will appreciate the dedicated dog run with a gated enclosure (new fence 2024).Enjoy peace of mind with numerous updates, including a fully renovated main bathroom (2024),new A/C (2022), basement windows (2021), and a garage roof replacement (2023). Additional improvements include a newer garage door (2016) and a drip irrigation system for easy lawn and plant care. The furnace and A/C unit have also been recently cleaned and serviced, with select new parts installed. Ideally located just minutes from scenic walking trails, shopping, and dining, this move-in-ready home offers a great blend of comfort, convenience, and lifestyle. Don't miss your opportunity to make it yours!
Estimate your monthly payments for this property
Estimated Payment
$2,046.56/mo
Includes CMHC insurance ($11,129)
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.
554 Hale 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 $570/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 56 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.