764 Classic Drive, London East

Price: $649,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13415958

Situated in a peaceful East London enclave, 764 Classic Drive welcomes you with a bright, open-concept interior defined by clean lines, timeless white cabinetry, quartz surfaces, and refined flooring throughout.The main level is a masterclass in single-story convenience, anchoring the home with a spacious living and kitchen area. The expansive primary suite serves as a private sanctuary, complete with a generous walk-in closet and a spa-like 5-piece ensuite. A second bedroom, full bath, and a functional mudroom round out the main floor. Below, the beautifully finished lower level expands your living options, offering a versatile family room or gym, a third bedroom, a full bath, and a quiet den. Step outside to a private, fenced backyard oasis featuring a covered patio perfect for evening relaxation. Complete with an oversized one-car garage and effortless highway access, this pristine property is the epitome of sophisticated, easy living. Book your private showing today!

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$649,900 - 764 Classic Drive, London East

Detached for Sale in London East

Popular Listing
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13415958
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London East
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Situated in a peaceful East London enclave, 764 Classic Drive welcomes you with a bright, open-concept interior defined by clean lines, timeless white cabinetry, quartz surfaces, and refined flooring throughout.The main level is a masterclass in single-story convenience, anchoring the home with a spacious living and kitchen area. The expansive primary suite serves as a private sanctuary, complete with a generous walk-in closet and a spa-like 5-piece ensuite. A second bedroom, full bath, and a functional mudroom round out the main floor. Below, the beautifully finished lower level expands your living options, offering a versatile family room or gym, a third bedroom, a full bath, and a quiet den. Step outside to a private, fenced backyard oasis featuring a covered patio perfect for evening relaxation. Complete with an oversized one-car garage and effortless highway access, this pristine property is the epitome of sophisticated, easy living. Book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

764 Classic Drive, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,605

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 $433/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.

Bathroom Count Matters

With 3 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 $2,708 (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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    764 Classic Drive, London East | $649,900 | Battaglia Team