$735,000 - 834 Colborne Street, London East
Detached for Sale in London East
- MLS Number
- X13212652
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Old North classic yellow brick, covered porch, gently curved doorways and timeless stained glass married with the rustic beauty of post and beam architecture has created this unique and enchanting century home. As you stroll through 834 Colborne St. you will feel the charm of its history and warmth of its character followed by the breathtaking beauty of the sunlit post and beam great room addition (1999) where celebrations will be held, meals will be shared and memories will be made. This home offers such versatile space that it will be difficult to decide what to do with which room...is this where the library will go? This one will be a perfect game room. I will fight you over this office space!! Bring your imagination! With 4 bedrooms (one main floor) and 2 baths it is sure to fit your family's needs both inside and out. Quartz counters, clean Shaker cabinets & exposed brick in the kitchen which overlooks the great room. The large backyard is truly a natural delight with its wandering path past the pond and raised gardens to the insulated shed, did someone say bunkie?! Plenty of private parking too. Updates over the years include flooring, windows, electrical (1998), HY-GRADE steel roof (2008 & 2011), Ruud high Efficiency furnace (2013), basement insulation, replaced water line to the City water supply and main sewer upgrade (2008) to name a few. R2-2 zoning provides multi family opportunity. You are minutes from St. Joseph and University Hospitals, Western U and downtown. Plan your visit to 834 Colborne St. in the heart of London's Old North.
Estimate your monthly payments for this property
Estimated Payment
$3,770.93/mo
Includes CMHC insurance ($20,507)
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.
834 Colborne Street, London East
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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 $490/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 21 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.
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 $3,063 (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.