61 Godfrey Drive, London East

Price: $599,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13524288

Outstanding curb appeal and beautiful landscaping welcome you to this updated all-brick bungalow. Inside, a bright foyer leads to a spacious living room featuring hardwood floors, a gas fireplace, and a large front window that fills the space with natural light. The open living and dining areas are perfect for everyday living and entertaining, with patio doors leading to a large deck overlooking the fully fenced backyard and detached garage. The kitchen offers abundant maple cabinetry and generous counter space. The main floor also features two bedrooms with hardwood flooring, an updated 4-piece bathroom. The fully finished lower level offers excellent income or in-law suite potential with a separate entrance, fire- and sound-insulated separation from the main floor, a bright living room with an electric fireplace, full kitchen, laundry, two bedrooms, and a 3-piece bathroom. Major updates include all windows, interior and exterior doors, eavestroughs, fascia, soffits, concrete porch, garage door, electrical, plumbing, furnace, owned hot water tank, and the main sewer line-all replaced. Roof replaced in 2016. Ideally located just a 10-minute walk to Fanshawe College and close to shopping, restaurants, banks, pharmacies, public transit, and other amenities, this move-in-ready home is an exceptional opportunity for families, investors, or multi-generational living.

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active
New Listing
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$599,900 - 61 Godfrey Drive, London East

Detached for Sale in London East

New — Listed 2 days ago

Neighbourhood: East D

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13524288
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Lot Size
7,610 sqft
Listing Brokerage
MODERN SOLUTION REALTY INC.
Description

Outstanding curb appeal and beautiful landscaping welcome you to this updated all-brick bungalow. Inside, a bright foyer leads to a spacious living room featuring hardwood floors, a gas fireplace, and a large front window that fills the space with natural light. The open living and dining areas are perfect for everyday living and entertaining, with patio doors leading to a large deck overlooking the fully fenced backyard and detached garage. The kitchen offers abundant maple cabinetry and generous counter space. The main floor also features two bedrooms with hardwood flooring, an updated 4-piece bathroom. The fully finished lower level offers excellent income or in-law suite potential with a separate entrance, fire- and sound-insulated separation from the main floor, a bright living room with an electric fireplace, full kitchen, laundry, two bedrooms, and a 3-piece bathroom. Major updates include all windows, interior and exterior doors, eavestroughs, fascia, soffits, concrete porch, garage door, electrical, plumbing, furnace, owned hot water tank, and the main sewer line-all replaced. Roof replaced in 2016. Ideally located just a 10-minute walk to Fanshawe College and close to shopping, restaurants, banks, pharmacies, public transit, and other amenities, this move-in-ready home is an exceptional opportunity for families, investors, or multi-generational living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5%10%50%

5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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 D

Discover East D

East D 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 D

  • 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 D 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

61 Godfrey Drive, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$3,050

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

Fair Market Value

At $857/sqft, this property is priced in line with current London East market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.

About East D

I know East D 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.

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    61 Godfrey Drive, London East | $599,900 | Battaglia Team