$679,900 - 576 St James Street, London East
Detached for Sale in London East
- MLS Number
- X13214832
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Old North is one of those neighbourhoods people wait for - and this classic brick bungalow is your chance to be part of it. Tree-lined streets, timeless century homes, and a sense of community that's hard to replicate, and all just minutes from downtown. This home strikes a thoughtful balance between original character and fresh, modern updates. The traditional layout is anchored by a bright living room where the ornamental brick fireplace sets the tone, while hardwood and new tile flooring carry throughout. California shutters add a polished touch, and the brand new kitchen-paired with fresh paint throughout-brings a clean, updated feel without losing the home's original charm. Offering 3+1 bedrooms and 2 full bathrooms, there's flexibility here for growing families or changing needs. The lower level, complete with an additional bedroom and full bath, creates a natural option for older kids, guests, or a private retreat. Out back is where this home truly shines. Fresh landscaping creates instant curb appeal, while the private backyard feels like your own little retreat. The bright 3-season sunroom becomes an extension of your living space - ideal for morning coffees, family dinners, watching the kids play, or simply enjoying the peaceful garden views. Green thumbs will appreciate the space to dig in, and pets and little ones will love having room to roam. Set among mature trees in the highly sought-after Old North, close to parks, schools, amenities, and all the character this established neighbourhood is known for-this is the kind of home families move into and stay for years to come.
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
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.
576 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 $618/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 21 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 $2,833 (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.