$779,999
Est. payment $3,454/moCalculate yours
159 Montebello Drive, London East, ON N5W 1S1
East, London, ON N5W 1S1
- 5 Beds
- 3 Baths
- 700 Sq Ft
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD MLS® X13535068
About this home
Detached house with LEGAL BASEMENT APARTMENT, 3-bedroom situated on a (60X125) extra large premium lot with 1724 sq ft of living area. This home stands out with incredible future potential, the expansive front and side yard offers the possibilities to explore an additional dwelling units in the future, making it a forward thinking investment in rapidly growing market. Full Of Natural Light featuring a fully permitted, 2-bedroom legal basement suite with 2 washroom. Perfect for house hacking or a strong addition to your rental portfolio significantly help with mortgage payments. The lower level features its own separate entrance, private laundry, and strong income potential. The main floor flows easily from the bright living room through to the kitchen. This Home has been freshly painted with new flooring, new furnace 2024 and hot water tank 2025 (owned) with 200 Amp upgraded electrical panel. Walking distance to all amenities. Close to top-rated schools, parks, major transit hubs and quick access for any commuter, it’s all close by. A lovely, generous side and front yard with room to garden, gather, or simply breathe. And just steps from your front door, beautiful trail network is waiting, the perfect way to start or end your day. But once you’re home, you won’t want to be anywhere else. TWO BEDROOM DWELLING UNIT(REGISTERED LEGAL BASEMENT)
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Unknown
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 125 x 60 Feet
- Parking
- Carport garage · 5 total
Financial
- Property Taxes
- $4,249 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Hamilton And Gore
- Direction Faces
- South
Listing
- MLS® Number
- X13535068
- Days on Market
- 103
- Listed On
- 2026-07-07
- Possession
- TBA
- Listed By
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Features
Interior
- None
Pool
- None
- Included
- All Existing ELFs, Window Coverings, Kitchen Appliances 2 Fridge,2 Stove, washer and dryer.
- Excluded
- NONE
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,454 per month
- Principal and interest
- $3,454
- Property tax
- $354
- Condo fees
- $0
- Estimated monthly cost
- $3,808
Your mortgage
- Mortgage amount
- $623,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $412,101
Cash to close
- Down payment
- $156,000
- Land transfer tax
- $12,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $168,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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