$958,888 - 60 Edgevalley Road, London East
Detached for Sale in London East
- MLS Number
- X13220220
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- SUTTON GROUP - SELECT REALTY
Welcome to this beautifully updated home located in one of northeast London's desirable neighbourhoods. Offering 4+1 bedrooms and 3.5 bathrooms, this home combines comfort, functionality, and thoughtfully designed spaces inside and out. At the heart of the home is a well-appointed kitchen renovated in 2023, featuring crisp white cabinetry, generous storage, and an inviting design that naturally brings people together. Complete with a gas range and electric oven, it is ideal for cooking enthusiasts and bakers, while flowing seamlessly into the main living areas for effortless everyday living and entertaining. Additional interior updates include flooring throughout (2020), renovated bathrooms (2022), and a warm family room enhanced by an electric fireplace added in 2023. Main floor laundry is conveniently located in the mudroom just off the oversized attached two-car garage, adding everyday practicality for busy families. The finished lower level extends the living space with a fifth bedroom and an updated bathroom completed in 2026, making it ideal for guests, teenagers, a home office, or multi-generational living. Step outside to a backyard designed for relaxation and enjoyment, featuring a heated saltwater sports pool installed in 2022 and surrounded by an expansive concrete pool deck, perfect for entertaining, family gatherings, or summer enjoyment. Composite decking (2021), a fully fenced yard (2021), a dedicated pool shed, and two additional storage sheds provide both style and functionality. Additional updates include replacement windows (2018), furnace and air conditioning (2019), asphalt shingles (2021), concrete walkways surrounding the home, and a concrete driveway that adds lasting curb appeal. Ideally located close to highly regarded schools, Fanshawe College, Western University, Thames Valley walking trails, shopping, restaurants, and everyday amenities, this move-in-ready home offers an exceptional blend of space, updates, and family living.
Estimate your monthly payments for this property
Estimated Payment
$4,919.59/mo
Includes CMHC insurance ($26,753)
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.
60 Edgevalley Road, 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 $479/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 18 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
Bathroom Count Matters
With 4 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.
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 $3,995 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.