$499,900 - 1626 Leonard Street, London East
Detached for Sale in London East
New — Listed 4 days agoNeighbourhood: East H
- MLS Number
- X13520720
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THE REALTY FIRM INC.
Welcome to 1626 Leonard Street, London - a meticulously maintained bungalow offering exceptional value, thoughtful updates, and incredible potential! Featuring 3+1 bedrooms and 2 full bathrooms, this move-in-ready home is ideal for families, first-time buyers, investors, or anyone looking for the flexibility of a separate entrance to the lower level with excellent granny suite or in-law suite potential.The bright and inviting main floor showcases newer flooring throughout, new LED lighting throughout the home, a spacious living area filled with natural light, and an updated kitchen featuring a new countertop and plenty of workspace. The fully finished lower level offers brand new carpeting, an additional bedroom, a full bathroom, and generous living space perfect for extended family, guests, or future rental possibilities.Outside, you'll appreciate the detached single-car garage and the impressive 185-foot deep, pool-sized backyard, offering endless opportunities for entertaining, gardening, children, pets, or creating your dream backyard oasis.This home has been lovingly cared for and extensively updated for peace of mind, including a driveway (2016), furnace and central air conditioner (2018), front window (2019), front door (2019), professionally waterproofed basement with a transferable 10-year warranty (2020), newer city sewer/drain liner with cleanout from the house to the city (2020), soffit, fascia, eavestroughs, and siding (2021), basement windows (2021), roof (2024), and an owned hot water heater (2025).Conveniently located just minutes from Fanshawe College, Highway 401, shopping, restaurants, schools, parks, and everyday amenities, this home combines a fantastic location with outstanding updates and future potential. With its separate entrance, detached garage, extensive list of improvements, and meticulous care, this is a property you won't want to miss. Simply move in and enjoy everything this beautiful home has to offer!
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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 H
East H 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 H
- •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 H 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.
1626 Leonard 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 $714/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.
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.
About East H
I know East H 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.