264 Admiral Drive, London East

Price: $409,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: X13495214

NO CONDO FEES! Welcome to 264 Admiral Drive, a move-in ready semi-detached home offering comfort, convenience, and exceptional value in a desirable East London neighbourhood. Freshly painted throughout, this well-maintained 3-bedroom, 1.5-bathroom home is perfect for first-time buyers, families, or investors looking for a turnkey opportunity.The main floor features a bright and inviting living room with plenty of space to relax or entertain, along with a functional kitchen and dining area ideal for everyday living. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find three generously sized bedrooms and a full 4-piece bathroom, providing comfortable space for the whole family.The finished lower level offers a large family room, perfect for movie nights, a play area, home office, or additional living space, plus ample storage. Step outside to enjoy the fully enclosed backyard-ideal for kids, pets, gardening, or summer gatherings.Located in a convenient East London community, this home is close to excellent amenities including schools, parks, shopping, grocery stores, restaurants, and public transit. Nearby amenities include Argyle Mall, Walmart, No Frills, Metro, East Lions Community Centre, and Kiwanis Park. Commuters will appreciate being approximately 10-12 minutes from Highway 401 and having quick access to Highway 402, making travel across the city and beyond simple and convenient.This is a fantastic opportunity to own an affordable, move-in ready home in a family-friendly neighbourhood.

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$409,000 - 264 Admiral Drive, London East

Semi-Detached for Sale in London East

Popular Listing

Neighbourhood: East I

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
X13495214
Property Type
Semi-Detached
Status
active
Days on Site
11
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
London East
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

NO CONDO FEES! Welcome to 264 Admiral Drive, a move-in ready semi-detached home offering comfort, convenience, and exceptional value in a desirable East London neighbourhood. Freshly painted throughout, this well-maintained 3-bedroom, 1.5-bathroom home is perfect for first-time buyers, families, or investors looking for a turnkey opportunity.The main floor features a bright and inviting living room with plenty of space to relax or entertain, along with a functional kitchen and dining area ideal for everyday living. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find three generously sized bedrooms and a full 4-piece bathroom, providing comfortable space for the whole family.The finished lower level offers a large family room, perfect for movie nights, a play area, home office, or additional living space, plus ample storage. Step outside to enjoy the fully enclosed backyard-ideal for kids, pets, gardening, or summer gatherings.Located in a convenient East London community, this home is close to excellent amenities including schools, parks, shopping, grocery stores, restaurants, and public transit. Nearby amenities include Argyle Mall, Walmart, No Frills, Metro, East Lions Community Centre, and Kiwanis Park. Commuters will appreciate being approximately 10-12 minutes from Highway 401 and having quick access to Highway 402, making travel across the city and beyond simple and convenient.This is a fantastic opportunity to own an affordable, move-in ready home in a family-friendly neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,098.38/mo

Includes CMHC insurance ($11,411)

$
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5-yr fixed avg.

Principal: $368,100Interest: $250,004
Mortgage Amount$379,511
Total Interest$250,004
Est. Property Tax$290/mo
Total Cost$629,515

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

264 Admiral Drive, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
7.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$2,425

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 $372/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.

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.

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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    264 Admiral Drive, London East | $409,000 | Battaglia Team