7 Briarhill Place, London East

Price: $585,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13022184

One of London's best kept secrets. Tucked away on a quiet tree lined court location. This 3+1 bedroom 4 Level side split features several newer windows & doors, poured concrete porch, interlock paved sidewalk, beautifully landscaped private front and rear yards, updated 1.5 baths, hardwood floors on the main and upper levels. Enjoy the wood burning fireplace located in the formal living room flanked by custom bookcases and a large bay window overlooking the court. Entertain in the oversized dining room with a large picture window, built-in china cabinets and a garden door leading to the BBQ on the back deck. Upstairs you will find 3 generous sized bedrooms with double closets and a 4 pc. bath. The newly finished lower level includes engineered flooring & ceramic tiles, 2 pc bath with walkout to the back yard and an office or optional 4th bedroom. The family room with above grade windows has California shutters and a custom built-in dry bar. The basement with laundry tub, washer/dryer, shelving and ample storage space. An on-demand water heater and newer furnace complete this level. This home is in move-in ready condition.

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$585,000 - 7 Briarhill Place, London East

Detached for Sale in London East

60 days on market
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13022184
Property Type
Detached
Status
active
Days on Site
60
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London East
Lot Size
7,169 sqft
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

One of London's best kept secrets. Tucked away on a quiet tree lined court location. This 3+1 bedroom 4 Level side split features several newer windows & doors, poured concrete porch, interlock paved sidewalk, beautifully landscaped private front and rear yards, updated 1.5 baths, hardwood floors on the main and upper levels. Enjoy the wood burning fireplace located in the formal living room flanked by custom bookcases and a large bay window overlooking the court. Entertain in the oversized dining room with a large picture window, built-in china cabinets and a garden door leading to the BBQ on the back deck. Upstairs you will find 3 generous sized bedrooms with double closets and a 4 pc. bath. The newly finished lower level includes engineered flooring & ceramic tiles, 2 pc bath with walkout to the back yard and an office or optional 4th bedroom. The family room with above grade windows has California shutters and a custom built-in dry bar. The basement with laundry tub, washer/dryer, shelving and ample storage space. An on-demand water heater and newer furnace complete this level. This home is in move-in ready condition.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

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5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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

7 Briarhill Place, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$2,264

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 $390/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 60 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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,438 (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.

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    7 Briarhill Place, London East | $585,000 | Battaglia Team