577 English Street, London East

Price: $384,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13210278

Move-in ready and beautifully updated bungalow under $385K! Featuring a renovated kitchen with quartz countertops and stainless steel appliances, updated bathroom, double parking, fenced backyard, covered porch and additional lower-level space with future potential. Perfect for first-time buyers, downsizers or investors. home offers the perfect blend of character, comfort, and convenience. The exterior has been beautifully refreshed Major mechanical updates include the furnace, A/C, and owned hot water tank for added peace of mind, also updated paint throughout basement. Step outside to enjoy the fully fenced backyard featuring a covered porch, private patio space, and natural gas BBQ hookup - perfect for entertaining and relaxing during the summer months. Double parking adds everyday convenience and functionality. Located in one of London's most vibrant and evolving communities, this home offers incredible lifestyle value with close proximity to Downtown London, The Factory at Kellogg Lane, London Children's Museum, Carling Heights Optimist Community Centre, and McMahen Park. Surrounded by local cafes , breweries, artisan shops, parks, and community events, this is an excellent opportunity to own a beautifully updated home in the thriving Old East Village neighbourhood.

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$384,900 - 577 English Street, London East

Detached for Sale in London East

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13210278
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
RE/MAX ADVANTAGE REALTY LTD.
Description

Move-in ready and beautifully updated bungalow under $385K! Featuring a renovated kitchen with quartz countertops and stainless steel appliances, updated bathroom, double parking, fenced backyard, covered porch and additional lower-level space with future potential. Perfect for first-time buyers, downsizers or investors. home offers the perfect blend of character, comfort, and convenience. The exterior has been beautifully refreshed Major mechanical updates include the furnace, A/C, and owned hot water tank for added peace of mind, also updated paint throughout basement. Step outside to enjoy the fully fenced backyard featuring a covered porch, private patio space, and natural gas BBQ hookup - perfect for entertaining and relaxing during the summer months. Double parking adds everyday convenience and functionality. Located in one of London's most vibrant and evolving communities, this home offers incredible lifestyle value with close proximity to Downtown London, The Factory at Kellogg Lane, London Children's Museum, Carling Heights Optimist Community Centre, and McMahen Park. Surrounded by local cafes , breweries, artisan shops, parks, and community events, this is an excellent opportunity to own a beautifully updated home in the thriving Old East Village neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,974.74/mo

Includes CMHC insurance ($10,739)

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5-yr fixed avg.

Principal: $346,410Interest: $235,272
Mortgage Amount$357,149
Total Interest$235,272
Est. Property Tax$273/mo
Total Cost$592,421

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.

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Neighbourhood Guide: London East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

577 English Street, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$2,047

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $550/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.

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.

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.

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    577 English Street, London East | $384,900 | Battaglia Team