$399,900 - 87 Arcadia Crescent, London East
Detached for Sale in London East
63 days on market- MLS Number
- X13010836
- Property Type
- Detached
- Status
- active
- Days on Site
- 63
- Bedrooms
- 4
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Welcome to this solidly built, single family owned, 1959 bungalow, a true Fairmount gem that perfectly captures the enduring quality of mid-century construction. Such a great property to start your home ownership. This charming home offers the ultimate ease of one-floor living, featuring three bright bedrooms on the main level with hardwood flooring that flows through most of the principal rooms on the main. The lower level expands your living space with a fourth bedroom (egress unknown) and a classic Farmer's Shower, a nostalgic and practical touch for those who appreciate a home with character and a bit of local history. The lower level awaits your personal creativity. While the house is being sold in as-is condition including the appliances and air conditioning, the Big Ticket items provide peace of mind: the furnace and owned hot water tank were replaced in 2020, and the roof shingles were updated in 2016. The exterior of this property is a rare find for a starter home, boasting a massive driveway with room for six cars plus a detached single-car garage. Socializing is made easy with a unique covered pavilion area attached to the garage, perfect for hosting rain or shine. The fully fenced backyard is a nature lovers dream, featuring a private gate that leads directly onto London's extensive and scenic walking trail system. Situated in a quiet, family-oriented neighborhood,close to schools and defined by its mature trees and lovely parks, this home offers a peaceful lifestyle with unparalleled access to the outdoors. It's an incredible opportunity to step into a solid house in a fantastic community and make it your own. Note: Some photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,051.69/mo
Includes CMHC insurance ($11,157)
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.
87 Arcadia Crescent, 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 $571/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.
Negotiation Opportunity
At 63 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 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.
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.
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.