71D Wellesley Crescent Unit D, London East

Price: $279,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13166892

This functional 2-storey townhome offers the perfect blend of space, convenience, and low-maintenance living, making it an ideal property for first-time buyers, downsizers, or savvy investors. Inside, you'll find a bright and open living room with a large window to let the sunshine in, 2 bedrooms and 2 full bathrooms, plus a finished basement that's ready for a home office, gym, media room, or playroom. Outside, your fenced back patio is the perfect spot to enjoy morning coffee, summer entertaining with friends and family, or simply relaxing in your own space. Location is everything, and this one delivers. Walk to schools, grocery stores, and nearby plazas featuring shops, restaurants, and your favourite coffee spots. Public transit is just steps away, and commuters will love being less than 15 minutes from Highway 401. Whether you're buying your first home, simplifying your lifestyle, or adding to your portfolio, this townhouse checks all the boxes.

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$279,900 - 71D Wellesley Crescent Unit D, London East

Condo for Sale in London East

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13166892
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
London East
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

This functional 2-storey townhome offers the perfect blend of space, convenience, and low-maintenance living, making it an ideal property for first-time buyers, downsizers, or savvy investors. Inside, you'll find a bright and open living room with a large window to let the sunshine in, 2 bedrooms and 2 full bathrooms, plus a finished basement that's ready for a home office, gym, media room, or playroom. Outside, your fenced back patio is the perfect spot to enjoy morning coffee, summer entertaining with friends and family, or simply relaxing in your own space. Location is everything, and this one delivers. Walk to schools, grocery stores, and nearby plazas featuring shops, restaurants, and your favourite coffee spots. Public transit is just steps away, and commuters will love being less than 15 minutes from Highway 401. Whether you're buying your first home, simplifying your lifestyle, or adding to your portfolio, this townhouse checks all the boxes.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,436.03/mo

Includes CMHC insurance ($7,809)

$
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5%10%50%

5-yr fixed avg.

Principal: $251,910Interest: $171,090
Mortgage Amount$259,719
Total Interest$171,090
Est. Property Tax$198/mo
Total Cost$430,810

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

71D Wellesley Crescent Unit D, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
6.2%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$198
Insurance (est.)-$58
Net Cash Flow+$1,439

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 $311/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 22 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.

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.

Efficient Living

At 900 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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    71D Wellesley Crescent Unit D, London East | $279,900 | Battaglia Team