60 Eastman Avenue, London East

Price: $449,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: X12978976

**BEING SOLD UNDER POWER OF SALE, VTB AVAILABLE at only 3% interest** Situated in an exceptionally convenient area, this home places you just minutes from Fanshawe College, downtown amenities, major shopping, the hospital, and quick access to Highway 401. Restaurants, transit, and everyday conveniences are all close by, making this an ideal spot for students, families, or commuters alike. Inside, the home offers far more space than expected. A bright, welcoming living room greets you at the entrance, highlighted by a large front window that fills the space with natural light. Two bedrooms and a full 3-piece bathroom are located on the main level, providing practical flexibility for various living arrangements. The kitchen features a generous footprint with an eat-in area overlooking a deep, pool-sized backyard-perfect for outdoor activities or future enhancements. The finished lower level adds even more usable space with an oversized rec room and a separate laundry area. Upstairs, you'll find two additional roomy bedrooms and a convenient 2-piece bath. Recent improvements include updated flooring, fresh paint, and a modernized bathroom. Altogether, this is a well-rounded home offering space, convenience, and strong value in a location that continues to attract steady demand.

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$449,900 - 60 Eastman Avenue, London East

New Construction for Sale in London East

70 days on market
4Beds
2Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
X12978976
Property Type
New Construction
Status
active
Days on Site
70
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
GOLD EMPIRE REALTY INC.
Description

**BEING SOLD UNDER POWER OF SALE, VTB AVAILABLE at only 3% interest** Situated in an exceptionally convenient area, this home places you just minutes from Fanshawe College, downtown amenities, major shopping, the hospital, and quick access to Highway 401. Restaurants, transit, and everyday conveniences are all close by, making this an ideal spot for students, families, or commuters alike. Inside, the home offers far more space than expected. A bright, welcoming living room greets you at the entrance, highlighted by a large front window that fills the space with natural light. Two bedrooms and a full 3-piece bathroom are located on the main level, providing practical flexibility for various living arrangements. The kitchen features a generous footprint with an eat-in area overlooking a deep, pool-sized backyard-perfect for outdoor activities or future enhancements. The finished lower level adds even more usable space with an oversized rec room and a separate laundry area. Upstairs, you'll find two additional roomy bedrooms and a convenient 2-piece bath. Recent improvements include updated flooring, fresh paint, and a modernized bathroom. Altogether, this is a well-rounded home offering space, convenience, and strong value in a location that continues to attract steady demand.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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

60 Eastman Avenue, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
7.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$2,787

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 $643/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 70 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.

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.

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.

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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    60 Eastman Avenue, London East | $449,900 | Battaglia Team