$458,600 - 1181 Florence Street, London East
Detached for Sale in London East
New — Listed 7 days agoNeighbourhood: East M
- MLS Number
- X13505438
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Lot Size
- 5,247 sqft
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
THIS ISN'T JUST A HOME, IT'S A STRATEGY! LIVE UPSTAIRS, RENT DOWNSTAIRS, OR BRING THE WHOLE FAMILY UNDER ONE ROOFIN STYLE! Charming 2+1 Bedroom, 2 Full Bath, 2 Kitchens Bungalow with a Finished Separate Entrance One-Bedroom Suite On A Sunny South-Facing Large Fully Fenced Backyard. Open Concept Main Floor With A Combined Living/Dining Area And Eat-In Kitchen That Walks Out To The Fully Fenced Sunny Backyard With A Deck. Two Great-Sized Bedrooms With Closets And a Full Bathroom On The Main Floor. Hardwood Floors and Smooth Ceilings. Carpet-Free. Multiple Entrances. The Finished Basement Provides Additional Living Space With a Separate Walk-out Entrance 1-Bedroom In-Law Suite With It's Own Kitchen, Full Bath, Living Area And Laundry, Making It Perfect For Growing Families Or Multigenerational Living. This basement unit serves as an incredible mortgage helper to offset your monthly payments. The Additional Basement Offers Second Laundry, Storage/Utility Space. This Presents Is A Great Opportunity To Own A Solid Home On A Rare Deep, South-Facing Fully Fenced Backyard With A Deck Perfect For Outdoor Entertaining. The Property Has One Renovated 2025 Detached Garage And Three Additional Parking Spots. Located Just Five Minutes from triOS Business Tech Campus, Fanshawe College, North American Trade School, Downtown, Parks, Arenas And More. Ideal For First Time Home Buyers, Downsizers, Multigenerational Family, Small/Growing Families With Growing Children Or Savvy Investors. It's A Versatile Option That Meets The Needs Of Various Lifestyles And Investment Opportunities. Updates & Inclusions 2025/ New A/C 2025/ Thermostat 2025/ Professionally Renovated Garage 2024/ Washer 2024.Featuring 2 stoves, 2 fridges, a Range Hood, 2 Washers, and a Dryer.
Estimate your monthly payments for this property
Estimated Payment
$2,352.86/mo
Includes CMHC insurance ($12,795)
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.
1181 Florence 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 $655/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.
Just Listed - Act Strategically
This property hit the market within the last week. In London East's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
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.