205 East Street, London East, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of East M. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30 x 148 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Looking for an affordable detached home in East London Ontario near parks, schools, and everyday amenities? Welcome to 205 East Street. A rare opportunity to own a detached home under $400K.This charming 1.5 storey home offers 2 bedrooms and 1.5 bathrooms, making it an ideal fit for first-time buyers, young families, or single parents looking for space, comfort, and convenience. With approximately 880 sq ft above grade, this home delivers a functional layout with character and warmth throughout.The main floor features a bright and inviting living space with hardwood flooring, flowing seamlessly into a spacious kitchen and dining area. A skylight brings in natural light, creating an airy and welcoming atmosphere for everyday living. The main floor also includes a second bedroom, convenient laundry, and a 2-piece bathroom. Upstairs, the loft-style primary bedroom provides a private retreat complete with a full bathroom, perfect for relaxing at the end of the day. Step outside to enjoy a generous yard and a standout feature. A 544 sq ft detached heated garage with drive-through access. Ideal for hobbyists, storage, or anyone needing extra workspace. Parking for two vehicles adds to the practicality. Located in East London, just steps from Ealing public school and minutes to Vauxhall Park, Fairmont bowling lanes, grocery stores, shopping, transit routes, and quick highway access, this home offers unmatched convenience for busy lifestyles. If you're searching for a detached home in London Ontario under $400,000 with a garage and family-friendly location, this is the one you've been waiting for.
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Pricing & Value Insights
Data-driven valuation for 205 East Street, London East, ON N5Z 2S1
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About Purchasing a Home in London East, ON
For a property listed at $375,000 in London East, the legal minimum down payment is $18,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,100 for this transaction. As this listing is in London East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,100.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.