151 Martinet Avenue Unit 60, London East

Price: $329,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13479488

Welcome to 151 Martinet Avenue, Unit 60 an ideal opportunity for first-time buyers, investors, or those looking to enter the London Ontario realestate market with confidence. This 3 bedroom, 1.5 bathroom condo townhouse is located in the established East London neighbourhood, offering low maintenance living with excellent access to everyday amenities. The main level features a bright and spacious living area highlighted by a large bay window that fills the space with natural light. A functional kitchen offers an eat-in area and convenient walkout to a private deck perfect for outdoor relaxation or entertaining. A 2 piece bathroom completes the main floor. Upstairs, three well-proportioned bedrooms provide comfortable living space for families or home office flexibility. The full bathroom offers ample counter space and storage. The finished lower level extends the living space with a versatile rec room, additional den or office area, and a dedicated laundry room with extra storage ideal for growing households or those needing flexible space. This carpet-free home is situated in a quiet, family-friendly complex with green space nearby, creating a welcoming environment for kids and pets. Enjoy close proximity to schools, parks, shopping, public transit, and easy access to Highway 401, making commuting simple and convenient. A fantastic opportunity to own an affordable, move-in ready home in a well-connected London location.

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$329,900 - 151 Martinet Avenue Unit 60, London East

Condo for Sale in London East

Popular Listing

Neighbourhood: East I

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13479488
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
London East
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
THE REALTY FIRM INC.
Description

Welcome to 151 Martinet Avenue, Unit 60 an ideal opportunity for first-time buyers, investors, or those looking to enter the London Ontario realestate market with confidence. This 3 bedroom, 1.5 bathroom condo townhouse is located in the established East London neighbourhood, offering low maintenance living with excellent access to everyday amenities. The main level features a bright and spacious living area highlighted by a large bay window that fills the space with natural light. A functional kitchen offers an eat-in area and convenient walkout to a private deck perfect for outdoor relaxation or entertaining. A 2 piece bathroom completes the main floor. Upstairs, three well-proportioned bedrooms provide comfortable living space for families or home office flexibility. The full bathroom offers ample counter space and storage. The finished lower level extends the living space with a versatile rec room, additional den or office area, and a dedicated laundry room with extra storage ideal for growing households or those needing flexible space. This carpet-free home is situated in a quiet, family-friendly complex with green space nearby, creating a welcoming environment for kids and pets. Enjoy close proximity to schools, parks, shopping, public transit, and easy access to Highway 401, making commuting simple and convenient. A fantastic opportunity to own an affordable, move-in ready home in a well-connected London location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,692.56/mo

Includes CMHC insurance ($9,204)

$
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5-yr fixed avg.

Principal: $296,910Interest: $201,653
Mortgage Amount$306,114
Total Interest$201,653
Est. Property Tax$234/mo
Total Cost$507,767

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: East I

Discover East I

East I 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 I

  • 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

East I 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

151 Martinet Avenue Unit 60, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$234
Insurance (est.)-$69
Net Cash Flow+$1,807

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 $330/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 I

I know East I 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.

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    151 Martinet Avenue Unit 60, London East | $329,900 | Battaglia Team