$519,900
Est. payment $2,302/moCalculate yours
361 Spruce Street, London East, ON N5W 4N9
East, London, ON N5W 4N9
- 3 Beds
- 2 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of PRIME REAL ESTATE BROKERAGE MLS® X13056956
About this home
Ideal for investors, students, or families, welcome to 361 Spruce Street, a beautifully updated 1 1/2 storey home set on a generous corner lot in a quiet East London neighbourhood close to Kiwanis Park, Fanshawe College, shopping, & everyday amenities.This home has been thoughtfully improved with comfort & long-term value in mind, offering the flexibility to rent out rooms or move your family in & enjoy, with the potential to offset your monthly costs through rental income. The main floor features a bright, open living space with hardwood flooring & an expanded layout completed in 2022. The kitchen was remodelled in 2023 with modern cabinetry, updated lighting, & tile flooring.Two well-sized bedrooms are located on the main floor, along with a refreshed bathroom featuring clean finishes & a rainfall shower. Upstairs, the primary bedroom offers a private & versatile retreat with generous space & storage.The lower level adds valuable flexibility with a newly finished recreation room completed in 2025 featuring modern flooring & pot lighting.This space could function as a fourth bedroom, home gym, media room, or second living area. Also includes a large laundry room with shelving & storage, a 2-piece bathroom, & an additional storage or workshop area. Outside, the fully fenced backyard was completed in 2022 with a modern fence & offers excellent space for entertaining, fruit trees, multiple deck areas, trailer access through a double gate, & a powered 10×10 shed. The detached garage was insulated & soundproofed in 2022 & includes electrical service & a Wi-Fi smart garage door opener with battery backup.Major updates include furnace (2023), central air (2021), tankless water heater (2022), three front windows (2022), roof shingles approx. 2015, & updated electrical & lighting (2021). Located minutes to Fanshawe College, this home also offers strong potential for student rental or multi-room income.A move-in ready property where the important updates are already complete
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Extension
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Partially Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40.46 x 156.75 Feet
- Parking
- Detached garage · 3 total
- Zoning
- R2-3
Financial
- Property Taxes
- $2,467 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Dundas and Spruce
- Direction Faces
- North
Listing
- MLS® Number
- X13056956
- Days on Market
- 172
- Listed On
- 2026-04-29
- Possession
- Flexible
- Listed By
- PRIME REAL ESTATE BROKERAGE
Rooms
Features
Interior
- Water Heater Owned
Property
- Fenced Yard
- Place Of Worship
- Public Transit
Pool
- None
- Included
- Fridge, stove, dishwasher, microwave, washer, dryer
Mortgage calculator
Estimated mortgage payment
$2,302 per month
- Principal and interest
- $2,302
- Property tax
- $206
- Condo fees
- $0
- Estimated monthly cost
- $2,508
Your mortgage
- Mortgage amount
- $415,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $274,681
Cash to close
- Down payment
- $103,980
- Land transfer tax
- $6,873
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $110,853
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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