941 QUEENS Avenue, London East

Price: $514,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13114498

Welcome to the heart of Old East Village-one of the city's most vibrant and eclectic neighbourhoods! This well-maintained 3+1 bedroom, 2 bathroom 1.75 storey home is ideally located just steps from the Western Fair District Farmers' Market, Western Fair District, Hard Rock Cafe London, and the The Children's Museum at 100 Kellogg Lane. Enjoy a lifestyle surrounded by local shops, dining, and year-round community events, all just minutes to downtown, schools, and public transit. Set on an impressive 202 ft park-like lot, the outdoor space is perfect for relaxing or entertaining, featuring a deck, gazebo, and garden shed. The inviting front porch adds to the home's curb appeal and charm. Inside, you'll find high ceilings, newer hardwood flooring throughout, and a spacious layout that blends character with functionality. The galley-style kitchen offers a dedicated pantry room and flows into a formal dining area-ideal for hosting. A versatile fourth bedroom on the main floor (currently used as an office) just needs a door to be fully enclosed. Additional highlights include a renovated main floor bathroom, some updated interior doors, and shingles replaced in 2014. Two separate entrances add convenience-one with a practical mudroom and the other providing direct kitchen access for easy grocery drop-off. The unfinished basement offers ample storage, and there is parking for up to three vehicles. A truly special home in a sought-after neighbourhood, full of character and ready for its next chapter. The kitchen appliances and washer/dryer are new as of 2023. The flooring in the laundry room and kitchen was installed new in 2024. Tankless water heater is not a rental and will be included (installed in 2022).

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$514,900 - 941 QUEENS Avenue, London East

Detached for Sale in London East

39 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13114498
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Description

Welcome to the heart of Old East Village-one of the city's most vibrant and eclectic neighbourhoods! This well-maintained 3+1 bedroom, 2 bathroom 1.75 storey home is ideally located just steps from the Western Fair District Farmers' Market, Western Fair District, Hard Rock Cafe London, and the The Children's Museum at 100 Kellogg Lane. Enjoy a lifestyle surrounded by local shops, dining, and year-round community events, all just minutes to downtown, schools, and public transit. Set on an impressive 202 ft park-like lot, the outdoor space is perfect for relaxing or entertaining, featuring a deck, gazebo, and garden shed. The inviting front porch adds to the home's curb appeal and charm. Inside, you'll find high ceilings, newer hardwood flooring throughout, and a spacious layout that blends character with functionality. The galley-style kitchen offers a dedicated pantry room and flows into a formal dining area-ideal for hosting. A versatile fourth bedroom on the main floor (currently used as an office) just needs a door to be fully enclosed. Additional highlights include a renovated main floor bathroom, some updated interior doors, and shingles replaced in 2014. Two separate entrances add convenience-one with a practical mudroom and the other providing direct kitchen access for easy grocery drop-off. The unfinished basement offers ample storage, and there is parking for up to three vehicles. A truly special home in a sought-after neighbourhood, full of character and ready for its next chapter. The kitchen appliances and washer/dryer are new as of 2023. The flooring in the laundry room and kitchen was installed new in 2024. Tankless water heater is not a rental and will be included (installed in 2022).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,641.70/mo

Includes CMHC insurance ($14,366)

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5-yr fixed avg.

Principal: $463,410Interest: $314,735
Mortgage Amount$477,776
Total Interest$314,735
Est. Property Tax$365/mo
Total Cost$792,511

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

941 QUEENS Avenue, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$2,728

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 $468/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 39 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 $2,145 (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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    941 QUEENS Avenue, London East | $514,900 | Battaglia Team