$1,190,000 - 858 William Street, London East
Detached for Sale in London East
New — Listed 4 days ago- MLS Number
- X13427794
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 8
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
PRICED TO SELL this exquisite, brand-new home in prestigious Old North with unparalleled materials and artistry. This home boasts 5000 sq ft of thoughtful, custom-designed living, perfect for a single family, multi-generational family, with executive lease income potential. The elegant stone and brick exterior hints at the exceptional quality within. The grand entrance welcomes you to sun-filled space, 10-ft ceilings and walls of windows creating an immediate sense of openness and light enhanced by 4 skylights bathing the home in sunshine. The custom open-riser maple staircase with maple-slat wall, opposite the gas fireplace set into a stone media wall, speak to the craftsmanship and care in every detail of this residence. The home features 2 gourmet kitchens, open-concept living room, family room and dining areas. Bask in either of the 2 primary en-suites, among the 5 bedrooms, 6 baths, and 2 laundries on the upper levels of the home. Two fully finished basements add 3 bedrooms, 2 baths, a Media room and a Gym (both versatile). Nestled on an expansive 350-ft deep lot, picture summer gatherings under the trees with your private park-like yard. The property boasts a large back deck with built-in gas and water hookups overlooking your own private 'estate' with a fire pit surrounded by massive stone seats in addition to the stunning 30-foot wide cedar-walled balcony. The over-sized garage with 16ft high ceiling and 2 EV charging outlets ensures modern convenience, while the low maintenance metal roof guarantees durability. Minutes to excellent schools, Western University and Hospitals. This home's design provides 2 self-contained living spaces, including 2 sets of high-end appliances, 2 HVAC systems, 2 owned on-demand water heaters, 2 of 200amp panels, 2 sets of all meters. This home is readily amenable to use as a legal duplex requiring permit (engineer's drawings available upon request). Some photos virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$5,263.77/mo
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.
858 William 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 $340/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
Bathroom Count Matters
With 8 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.