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53 Madeira Drive, London East, ON N5V 2M3

London East, N5V 2M3

$499,990
5
Bedrooms
2
Bathrooms

About This Home

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.

Facts & Features

MLS® Number X14130652
Price $499,990
Property Type Detached
Style Bungalow
Bedrooms 3 above grade, 2 below grade
Bathrooms 2
Lot Size 53.56 ft × 133.64 ft
Parking Total 4
Garage / Covered Spaces 0
Annual Property Taxes $4,090
City London East
Listing Brokerage Gale Group Realty Brokerage Ltd

Listing History

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Location

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of Gale Group Realty Brokerage Ltd. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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53 Madeira Drive, London East, ON N5V 2M3

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