For Sale

53 Madeira Drive, London East, Ontario N5V 2M3

$589,000

53 Madeira Drive, London East, Ontario N5V 2M3 is For Sale and has a listing price of 589,000. The property is located in the London East . It's been on the website for 1 Day.

  • Detached
    Property Type
  • 5
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12533124
  • Office Name EXP REALTY
Property Description

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 bathroom 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
  • Bedrooms: 5
  • MLS ID: X12533124
  • Bathrooms: 2
  • Price: $589,000
  • Lot Depth: 133.64
  • Transaction Types: For Sale
  • Ref ID: X12533124
  • Year Built: N/A
  • Approx Sqft: 700-1100
  • Dir / Cross St: On the corner of Beckworth Ave. and Madeira Dr.
  • Status: Active
  • Tax Year: 2025
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/11/2025 X12533124 $589,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $675,877 Average List Price
    based on 1 year
  • 450 New Listings
    based on 30 days
  • 38 Median Days on Market
    based on 1 year
  • List vs. Selling Price 191.82 % Up
  • Sold (12mo) 502
  • Rented (12mo) 141

  • 1 Month Change -14.2%
  • 3 Month Change -34.8%
  • 6 Month Change -83.6%
Walkscore
  • 4 Walk Score
    Car-Dependent
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungalow
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick, Vinyl Siding
  • Kitchen 2
  • Fireplace Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $4,090
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 11/11/2025 16:49:01
Want to see this property?