Address
53 Madeira Drive, London East, ON
Price
$ 499,990
Property Attributes
  • ID#X13524376
  • TypeSingle Family
  • Listing Status Price Change
  • CityLondon East
  • AreaEast D
  • NeighbourhoodEast D
  • Postal CodeN5V 2M3
  • StyleBungalow
  • Taxes$ 4090
  • Price$ 499,990
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage700-1100
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Welcome to this beautifully maintained 3+2 bedroom home, perfectly located in a quiet, family-friendly neighbourhood just minutes from Fanshawe College and all major amenities. Enjoy the large corner lot, featuring a composite front deck, spacious concrete patio, parking for 4 cars, and a large storage shed. A bus stop right outside the property adds unmatched convenience for students, commuters, or tenants alike! Step inside to find a bright and inviting interior, freshly painted in most areas, with a well-planned layout offering a comfortable main floor living area, a second kitchen in the basement, and a washroom on each level - perfect for extended family or potential rental income. Recent updates completed in 2025 include new vinyl flooring throughout the main floor, a new heat pump, a new furnace, a new washer, a new stove, and a new backdoor providing direct access to the basement, enhancing comfort and convenience. The property is currently tenanted, and the tenants are flexible - they can stay for steady rental income or vacate for your personal use, giving you options from day one. Safety and convenience have been thoughtfully included with egress windows in the basement and a sprinkler system in the furnace room.Whether you're looking for a move-in ready family home or a turnkey investment property, this one truly has it all!

Price History
7/5/2026 Listed $449,000

General Features

Sewer Sewer
Cooling Central Air
Roof Shingles
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Heater Type Forced Air
Parking Spaces 4
Property Subtype Detached
Tax Year 2025
Lot Depth 133.64
County Middlesex
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction East
Garage Y/N No
Status Price Change
City London East
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 4090.0
Standard Status Active
Occupancy Type Tenant
Legal Description LOT 386,PLAN 876,SUBJECT TO 128088,128089 CITY OF LONDON

Interior Features

Interior Amenities Carpet Free
Basement Separate Entrance
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 5
Elevator? No
Total Baths 2
Bedrooms 3+2
Living Area Range 700-1100

Exterior Features

Parking Features Private Double
Total Parking 4.0
Garage Type None
Foundation Details Poured Concrete
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N5V 2M3

Price
AVG $500K
$500K
Visits
AVG 67
259
Data Provided by Inside Real Estate®