$399,900 - 1068 Margaret Street, London East
Detached for Sale in London East
Neighbourhood: East M
- MLS Number
- X13428582
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THE REALTY FIRM INC.
Old East Glow-Up - A stylish makeover with all the right touches. This fully transformed bungalow has had a complete facelift inside and out! Centrally located in Old East Village, on a small street, steps away from the Western Fair grounds, Casino, The Factory, BMO Centre, local shopping, restaurants and more. The attractive exterior; professionally painted in 2024 by 519 Painters and a newly rebuilt and recently repainted front porch. Inside you will find soaring 10 foot ceilings with pot lighting, massive windows, trendy luxury vinyl plank flooring & fresh paint throughout the entire home. Offering 2 bedrooms + a den; perfect for an office space or potential for a 3rd bedroom. A spacious 4 piece bathroom with convenient storage shelving is complete with an elegant new vanity, mirror and lighting. Step into the bright new kitchen displaying a mix of chic and masculine; new cabinetry, sleek tile backsplash, new countertop, sink, lighting and stainless steel appliances. Wander out the French doors that lead to a secluded deck, private fenced yard and shed. Private driveway offers parking for 2-3 vehicles. Other notables; NEW FURNACE, CENTRAL AIR, OWNED HOT WATER TANK and duct work (2024), newer 100amp electrical panel & wiring, vinyl windows and newer roof. Make Your Way to 1068 Margaret - A lovingly transformed home ready to greet you.
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 East M
East M 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 East M
- •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
East M 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.
1068 Margaret 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 $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.
Market Position
At 21 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.
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.
About East M
I know East M well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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.