609 COLBORNE Street Unit 2, London East

Price: $489,900

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13450654

Discover modern living in the heart of London's historic Woodfield neighbourhood. This stylish three-level townhouse at 609 Colborne Street, Unit 2, offers the perfect blend of location, convenience, and contemporary upgrades. Step inside to find recently installed hardwood floors throughout the living room and upper level, elegant baluster rails, fresh trim, and updated light fixtures that create a polished, cohesive look. Both bathrooms have been thoughtfully renovated in 2025, featuring modern finishes. A generous eat-in kitchen offers ample cabinetry with high gloss stone counters and features sliding glass doors to a freshly resurfaced balcony overlooking the lower enclosed patio. Upstairs has a sizable master bedroom with two double closets, a second bedroom with a walk-in closet, a laundry in the hall with a raised washer, dryer and a folding table plus a study/office alcove with a built-in desk.. The finished walkout level includes a cozy fireplace and access to a private interlocking brick patio. This home blends modern convenience with heritage charm, offering the perfect lifestyle for professionals, couples, or small families seeking both comfort and character.

609 COLBORNE Street Unit 2 - Condo photo 1 of 25 in London East, Ontario
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New Listing
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$489,900 - 609 COLBORNE Street Unit 2, London East

Condo for Sale in London East

New — Listed 2 days ago
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X13450654
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
London East
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Discover modern living in the heart of London's historic Woodfield neighbourhood. This stylish three-level townhouse at 609 Colborne Street, Unit 2, offers the perfect blend of location, convenience, and contemporary upgrades. Step inside to find recently installed hardwood floors throughout the living room and upper level, elegant baluster rails, fresh trim, and updated light fixtures that create a polished, cohesive look. Both bathrooms have been thoughtfully renovated in 2025, featuring modern finishes. A generous eat-in kitchen offers ample cabinetry with high gloss stone counters and features sliding glass doors to a freshly resurfaced balcony overlooking the lower enclosed patio. Upstairs has a sizable master bedroom with two double closets, a second bedroom with a walk-in closet, a laundry in the hall with a raised washer, dryer and a folding table plus a study/office alcove with a built-in desk.. The finished walkout level includes a cozy fireplace and access to a private interlocking brick patio. This home blends modern convenience with heritage charm, offering the perfect lifestyle for professionals, couples, or small families seeking both comfort and character.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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

609 COLBORNE Street Unit 2, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,321

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 $350/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.

Just Listed - Act Strategically

This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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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    609 COLBORNE Street Unit 2, London East | $489,900 | Battaglia Team