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580 Highbury Avenue

580 Highbury Avenue

London East, ON

  • 5 bed
  • 3 bath
  • Detached
  • 29 days on market
$699,000

Attention: Investors and first time buyers. Currently rental home with earning potential up to $4,800.00 Owner can live in the main floor and rent out to the basement. Currently rented to two student couples. Current renters can be assumed or vacant possessions possible. This 1 floor home features an open concept kitchen with updated cabinetry, Dining Room and Living Room space with 3 bedrooms and a full bathroom. Maintainable yard with access to parking at the back of the house. Driveway is on Beattie Ave which means the parking is much more accessible and easier to access. Lots of charm and character. Quick access to downtown, the 401, Fanshawe College, London transit, make this location very appealing.

Listing Details

Taxes (2023)
$2,236
Listed
April 23, 2024

Price History

Property

Style
Bungalow
Construction
Aluminum Siding, Brick
Roof
Shingles
Foundation
Concrete
Interior
Water Heater
Lot Size
31.64 x 120.49 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Florence St & Highbury Ave N
Zoning
R2-2
Parcel Number
082930003
Occupancy
Tenant

Included

Inclusions
all existing electric light fixtures, window coverings, fridge, washer, dryer, AC unit, Furnace 2023, Tankless water heater 2023, washing machine, 2 stoves, electricals 2020.

Schools

Elementary

  • Académie de la Tamise0.5 km

    French public · CS Viamonde · 260 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 86% met the provincial standard

  • Prince Charles Public School1.1 km

    Public · Thames Valley DSB · 515 students

    Grade 3 reading: 50% met the provincial standard · Grade 6 math: 9% met the provincial standard

  • St Pius X Separate School1.3 km

    Catholic · London District Catholic School Board · 485 students

    Grade 3 reading: 68% met the provincial standard · Grade 6 math: 25% met the provincial standard

Secondary

  • Thames Valley Alternative Secondary School0.6 km

    Public · Thames Valley DSB · 250 students

  • John Paul II Catholic Secondary School2 km

    Catholic · London District Catholic School Board · 940 students

    Grade 10 literacy: 71% met the provincial standard

  • B Davison Secondary School Secondary School2.3 km

    Public · Thames Valley DSB

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5W

Population
24,740
Private dwellings
12,388
Median age
40.4
Average household size
2.1
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London East · last 12 months

Median sold price
$462,500
Homes sold
1,320
Median days on market
25
Sale-to-list price
97.0%

Based on 1,320 recorded sales of residential freehold properties in London East over the last 12 months.

Rooms

4-piece on Main, 4-piece on Basement, 3-piece on Basement

Main

  • Bedroom9'7" x 10'
  • Bedroom 29'1" x 9'7"
  • Bedroom 39'5" x 9'1"
  • Dining Room13'2" x 10'
  • Foyer10' x 6'8"
  • Kitchen10' x 11'10"
  • Living Room13'3" x 10'

Basement

  • Bedroom 410' x 10'
  • Bedroom 59' x 10'6"
  • Kitchen

Listed by

CENTURY 21 ASSOCIATES INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$139,800

Estimated Monthly Payment

$3,434

Land transfer tax

Estimated land transfer tax$10,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,434/mo (20% down, 5.5%)

Taxes: $186/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

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