Gurvinder Nokwal REALTOR®
For Sale Detached 105 days on market

$499,990

Est. payment $2,214/moCalculate yours

53 Madeira Drive, London East, ON N5V 2M3

East, London, ON N5V 2M3

  • 3 + 2 Beds
  • 2 Baths
  • 700 Sq Ft
Map

Listing courtesy of EXP REALTY MLS® X13524376

About this home

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!

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
Extension
Size
700 sqft

Interior

Bedrooms
3 + 2
Bathrooms
2
Kitchens
2
Basement
Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
53.56 x 133.64 Feet
Parking
None garage · 4 total

Financial

Property Taxes
$4,090 (2025)

Location

Neighbourhood
East
Cross Street
On the corner of Beckworth Ave. and Madeira Dr.
Direction Faces
East

Listing

MLS® Number
X13524376
Days on Market
105
Listed On
2026-07-05
Possession
Flexible
Listed By
EXP REALTY

Rooms

Room Level Dimensions
Kitchen Main 11′ 3″ × 12′ 4″
Bedroom 2 Main 11′ 5″ × 10′ 0″
Bedroom 3 Main 11′ 5″ × 8′ 3″
Bedroom Basement 19′ 0″ × 9′ 8″
Bedroom Basement 14′ 10″ × 9′ 8″
Kitchen Basement 12′ 9″ × 9′ 3″
Living Room Main 20′ 3″ × 11′ 4″
Primary Bedroom Main 13′ 9″ × 9′ 0″

Features

Interior

  • Carpet Free

Pool

  • None

Mortgage calculator

Minimum for this price: $25,000 (5%)

Amortization, years

Estimated mortgage payment

$2,214 per month

Principal and interest
$2,214
Property tax
$341
Estimated monthly cost
$2,555

Your mortgage

Mortgage amount
$399,992
Mortgage insurance
Not needed
Interest over 25 years
$264,162

Cash to close

Down payment
$99,998
Land transfer tax
$6,475
Total, before legal fees
$106,473
Talk to me about financing

Estimates 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

53 Madeira Drive, London East, ON N5V 2M3 East, London, ON N5V 2M3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$499,990 53 Madeira Drive, London East, ON N5V 2M3
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