$1,050,000 - 931 Waterloo Street, London East
Detached for Sale in London East
38 days on market- MLS Number
- X13115082
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- STREETCITY REALTY INC.
Standing proudly on one of Old North London's most desirable streets, 931 Waterloo Street offers a rare opportunity to live in one of the city's most established and sought-after neighbourhoods. Known for its tree-lined avenues, historic charm, and strong sense of community, Old North places you just minutes from downtown London, Western University, St. Joseph's Hospital, excellent schools, local cafes, parks, and everyday amenities, making it an ideal setting for both families and professionals who value walkability and convenience alongside character.This storybook-style home reflects the timeless architectural beauty the area is known for, featuring steep gables, intricate brickwork, and a charming curved portico that highlights its early 20th-century heritage. Inside, original woodwork, vintage doors, detailed millwork, leaded glass windows, and rich hardwood floors create a warm and inviting atmosphere. The living room centres around a striking stone fireplace, while the formal dining room showcases coved ceilings and an original 1930s chandelier.A bright additional family room provides flexible living space, and the updated kitchen introduces modern comfort with white cabinetry, quartz countertops, open shelving, brass accents, and direct access to outdoor entertaining areas.Upstairs offers four bedrooms and a full bath, including a spacious primary bedroom. The finished lower level adds further versatility with a three-piece bathroom and bonus space suited for a playroom, gym, or home office.The backyard is a private retreat designed for both relaxation and entertaining, highlighted by a saltwater in-ground pool, stamped concrete patio, pergola, custom pool house bar, and mature gardens that create a peaceful outdoor escape.All set within one of London's most prestigious historic neighbourhoods, where character homes, mature landscapes, and close proximity to the city's best amenities make Old North a consistently coveted place to call home.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/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.
931 Waterloo 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 $700/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 38 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.
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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.