New Listing
53 Madeira Drive,London East, ON N5V 2M3
London East, ON N5V 2M3
Description
Welcome to this beautifully maintained 3+2 bedroom home on a large corner lot in a quiet, family-friendly neighbourhood, just minutes from Fanshawe College, shopping, schools, and major amenities. The exterior features a composite front deck, spacious concrete patio, large storage shed, and parking for up to four vehicles. A bus stop located directly outside the property provides exceptional convenience for students, commuters, and tenants alike.Inside, you'll find a bright and inviting layout with fresh paint throughout most of the home. The functional floor plan offers comfortable main-floor living, a second kitchen in the basement, and a washroom on each level, making it ideal for extended families, multi-generational living, or income potential.Extensive updates completed in 2025 include new vinyl flooring throughout the main floor, new furnace, new heat pump, new washer, new stove, and a new rear entry door providing direct access to the basement. Additional features include egress windows in the basement and a sprinkler system in the furnace room for added safety and peace of mind.Currently tenanted, the property offers flexibility for both investors and end-users. Tenants are willing to remain, providing immediate rental income, or vacate for buyer occupancy. A fantastic opportunity to own a move-in-ready home with excellent investment potential in a highly sought-after location.
Details
| MLS # | X14130652 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 6 |
| Listing Provided By | Gale Group Realty Brokerage Ltd | X14130652 526100 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.16 |
Interior
| Interior Features | Carpet Free |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4090 |
|---|---|
| Tax Legal Description | LOT 386, PLAN 876, SUBJECT TO 128088, 128089 CITY OF LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5V 2M3 |
| Area | East D |
| Listing VS Median (in N5V 2M3) | |
Price: $499,990 low | high Med: $0 On site: 6 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5V 2M3 |
| Area | East D |
| Listing VS Median (in N5V 2M3) | |
Price: $499,990 low | high Med: $0 On site: 6 low | high Med: | |
