74 Sterling Street, London East

Price: $449,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: X13520382

Tucked away on a quiet street in Carling Heights, this charming two bedroom bungalow is proof that great things come in smaller packages. Full of character and vintage charm, it's the kind of home that feels welcoming the moment you walk in. The true showstopper is the backyard. Beautifully landscaped and thoughtfully designed, it feels like your own private garden with winding paths, mature greenery, and several cozy spots to sit, relax, or entertain. Three detached outbuildings offer endless flexibility. Whether you need a workshop, art studio, home office, yoga space, hobby room, or simply extra storage, you'll have plenty of options to make the space your own. Inside, the second bedroom opens through patio doors to a covered patio overlooking a sunken hot tub, creating a peaceful spot to unwind. (The hot tub is included in as-is condition, as the current owners have never used it.) Downstairs, the finished basement features a spacious rec room, full bathroom, second kitchen, and a separate entrance, offering excellent flexibility for extended family, guests, or future possibilities. Additional updates include a new furnace (2025) and a durable steel roof. Outside, you'll appreciate the beautifully landscaped front yard, single car garage, and parking for multiple vehicles. If you've been looking for a home with personality and an outdoor space that's truly something special, this Carling Heights gem is one you won't want to miss. Seller has never lived in the house so it is being sold in "as is" condition with no representations or warranties.

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New Listing
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$449,000 - 74 Sterling Street, London East

Detached for Sale in London East

New — Listed 4 days ago

Neighbourhood: East G

2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
X13520382
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
London East
Listing Brokerage
REAL BROKER ONTARIO LTD
Description

Tucked away on a quiet street in Carling Heights, this charming two bedroom bungalow is proof that great things come in smaller packages. Full of character and vintage charm, it's the kind of home that feels welcoming the moment you walk in. The true showstopper is the backyard. Beautifully landscaped and thoughtfully designed, it feels like your own private garden with winding paths, mature greenery, and several cozy spots to sit, relax, or entertain. Three detached outbuildings offer endless flexibility. Whether you need a workshop, art studio, home office, yoga space, hobby room, or simply extra storage, you'll have plenty of options to make the space your own. Inside, the second bedroom opens through patio doors to a covered patio overlooking a sunken hot tub, creating a peaceful spot to unwind. (The hot tub is included in as-is condition, as the current owners have never used it.) Downstairs, the finished basement features a spacious rec room, full bathroom, second kitchen, and a separate entrance, offering excellent flexibility for extended family, guests, or future possibilities. Additional updates include a new furnace (2025) and a durable steel roof. Outside, you'll appreciate the beautifully landscaped front yard, single car garage, and parking for multiple vehicles. If you've been looking for a home with personality and an outdoor space that's truly something special, this Carling Heights gem is one you won't want to miss. Seller has never lived in the house so it is being sold in "as is" condition with no representations or warranties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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 G

Discover East G

East G 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 G

  • 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 G 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

74 Sterling Street, 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)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$1,988

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 $641/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.

About East G

I know East G 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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    74 Sterling Street, London East | $449,000 | Battaglia Team