463 Exmouth Circle, London East

Price: $489,500

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13475954

Welcome to 463 Exmouth Cir. Beautifully located on the bend offering a nice feeling of space and an open visual. Perfectly described as a ~condo alternative~ Enjoy the open concept living/diningroom with numerous options for furniture placement. This living area enjoys loads of natural light from both the front window and the side bay window. Beautiful mature tree's envelope this lot with pretty views. A quaint kitchen over-looks the front yard with a convenient U-shaped work area. Everything at your fingertips! Off the dining area, through the side door a perfect spot for morning coffee or your favorite beverage as the sun goes down. Across the back of the house a generous primary bedroom along with the second bedroom, den or office. The lower level boasts a familyroom with a gas fireplace. The other half of the lower offers laundry, loads of storage and the potential for further development. A final perk has to be the double drive! No juggling cars here in the morning. The large shed will hold the things. Additional updates include: Furnace 2014, A/C 2014, Shingles 2014, Doors 2017, Flooring 2018, Patio, Windows 2021, Water Heater - Rental.

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$489,500 - 463 Exmouth Circle, London East

Detached for Sale in London East

Neighbourhood: East I

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13475954
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
RE/MAX CENTRE CITY REALTY INC.
Description

Welcome to 463 Exmouth Cir. Beautifully located on the bend offering a nice feeling of space and an open visual. Perfectly described as a ~condo alternative~ Enjoy the open concept living/diningroom with numerous options for furniture placement. This living area enjoys loads of natural light from both the front window and the side bay window. Beautiful mature tree's envelope this lot with pretty views. A quaint kitchen over-looks the front yard with a convenient U-shaped work area. Everything at your fingertips! Off the dining area, through the side door a perfect spot for morning coffee or your favorite beverage as the sun goes down. Across the back of the house a generous primary bedroom along with the second bedroom, den or office. The lower level boasts a familyroom with a gas fireplace. The other half of the lower offers laundry, loads of storage and the potential for further development. A final perk has to be the double drive! No juggling cars here in the morning. The large shed will hold the things. Additional updates include: Furnace 2014, A/C 2014, Shingles 2014, Doors 2017, Flooring 2018, Patio, Windows 2021, Water Heater - Rental.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,511.39/mo

Includes CMHC insurance ($13,657)

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5-yr fixed avg.

Principal: $440,550Interest: $299,210
Mortgage Amount$454,207
Total Interest$299,210
Est. Property Tax$347/mo
Total Cost$753,417

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

463 Exmouth Circle, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,951

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 $699/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 15 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 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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    463 Exmouth Circle, London East | $489,500 | Battaglia Team