9 Bonaparte Lane, London East

Price: $599,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13064358

Welcome to this stunning 3-bedroom, 2-bath bungalow nestled in a highly desirable, family-friendly East London neighbourhood. Step inside to a spacious and inviting family room that seamlessly connects to a comfortable dining area-perfect for both everyday living and entertaining.The bright eat-in kitchen features a convenient island, offering plenty of space for meal prep and casual dining. The main floor is complete with three cozy bedrooms, ideal for families or those seeking single-level living.Downstairs, you'll find a fully finished basement designed for relaxation and versatility. Enjoy your own private "man cave," a large recreation room, and an additional family room featuring a warm gas fireplace-perfect for cozy evenings. The lower level also includes a full bathroom, laundry area, and a storage/workshop space for added functionality.Step outside and discover your own backyard retreat. The outdoors are ready to be enjoyed, featuring a relaxing sitting area and a beautifully crafted firepit-perfect for summer evenings with family and friends. The fully landscaped front yard adds the perfect finishing touch to this exceptional property.This home offers comfort, space, and a fantastic location-an opportunity you won't want to miss!

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$599,000 - 9 Bonaparte Lane, London East

Detached for Sale in London East

49 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13064358
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Lot Size
4,701 sqft
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to this stunning 3-bedroom, 2-bath bungalow nestled in a highly desirable, family-friendly East London neighbourhood. Step inside to a spacious and inviting family room that seamlessly connects to a comfortable dining area-perfect for both everyday living and entertaining.The bright eat-in kitchen features a convenient island, offering plenty of space for meal prep and casual dining. The main floor is complete with three cozy bedrooms, ideal for families or those seeking single-level living.Downstairs, you'll find a fully finished basement designed for relaxation and versatility. Enjoy your own private "man cave," a large recreation room, and an additional family room featuring a warm gas fireplace-perfect for cozy evenings. The lower level also includes a full bathroom, laundry area, and a storage/workshop space for added functionality.Step outside and discover your own backyard retreat. The outdoors are ready to be enjoyed, featuring a relaxing sitting area and a beautifully crafted firepit-perfect for summer evenings with family and friends. The fully landscaped front yard adds the perfect finishing touch to this exceptional property.This home offers comfort, space, and a fantastic location-an opportunity you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

9 Bonaparte Lane, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$2,251

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 $545/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 49 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,496 (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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    9 Bonaparte Lane, London East | $599,000 | Battaglia Team