$669,000 - 762 RAILTON Avenue, London East
Detached for Sale in London East
Popular Listing- MLS Number
- X13431988
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- LUXE HOME TOWN REALTY INC.
Welcome to 762 Railton Avenue, a beautifully maintained multi-level backsplit with a double-car garage, offering comfort, functionality, and exceptional value. Move-in ready and thoughtfully updated, the home features a durable metal roofing, providing long-term peace of mind and reduced maintenance costs. Natural light fills the home through two skylights located in the kitchen and main bathroom. Newly Renovated Washrooms. The main level boasts a spacious family room, dining area, and an open-concept kitchen, creating an inviting space for everyday living and entertaining. Step outside to a beautifully landscaped backyard filled with flowers and vegetable gardens, conveniently accessible from the kitchen-perfect for enjoying fresh ingredients and outdoor gatherings with family and friends. The upper level features three generously sized bedrooms, including a spacious primary bedroom with a large window and semi-ensuite (cheater) bathroom. The skylight in the bathroom enhances the bright and airy feel of the space. The fully finished lower level adds incredible versatility with a second full bathroom and ample space for a home office, fourth bedroom, gym, recreation room, or additional family living area. Ideally located close to shopping centres, libraries, schools, parks, and just minutes from Highway 401, this home offers both convenience and lifestyle. A fantastic opportunity for families, first-time buyers, or investors alike.
Estimate your monthly payments for this property
Estimated Payment
$3,432.32/mo
Includes CMHC insurance ($18,665)
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.
762 RAILTON Avenue, London East
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Rental income estimator & ROI calculator
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 $608/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.
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.
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.
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 $2,788 (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.