53 Madeira Dr
East D, London East, Ontario N5V 2M3
- Bedrooms
- 3+2
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $556at the range’s middle
- Lot
- 53.56 x 133.64 ft
- Tax a year
- $4,0902025 tax year
- Parking
- 4none
- Days on market
- Members
The brief
About 53 Madeira Dr
53 Madeira Dr is a 3+2-bedroom, 2-bathroom detached house in East D, London East, listed for sale at an asking price of $499,990 (MLS® X14130652).
Welcome to this beautifully maintained 3+2 bedroom home on a large corner lot in a quiet, family-friendly neighbourhood, just minutes from Fanshawe College, shopping, schools, and major amenities. The exterior features a composite front deck, spacious concrete patio, large storage shed, and parking for up to four vehicles. A bus stop located directly outside the property provides exceptional convenience for students, commuters, and tenants alike.Inside, you'll find a bright and inviting layout with fresh paint throughout most of the home. The functional floor plan offers comfortable main-floor living, a second kitchen in the basement, and a washroom on each level, making it ideal for extended families, multi-generational living, or income potential.Extensive updates completed in 2025 include new vinyl flooring throughout the main floor, new furnace, new heat pump, new washer, new stove, and a new rear entry door providing direct access to the basement. Additional features include egress windows in the basement and a sprinkler system in the furnace room for added safety and peace of mind.Currently tenanted, the property offers flexibility for both investors and end-users. Tenants are willing to remain, providing immediate rental income, or vacate for buyer occupancy. A fantastic opportunity to own a move-in-ready home with excellent investment potential in a highly sought-after location.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs74/100+$377/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 7 detached homes with 5 bedrooms for lease in London East right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,090 / 2025
- MLS® number
- X14130652
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 53.56 x 133.64 ft
- Listed on
- Parking
- None, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- East D
- Municipality
- London East
Building
- Size
- 700-1100 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 53.56 ft
- Depth
- 133.64 ft
- Lot Size
- 53.56 x 133.64 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- STOVE , FRIDGE , WASHER&DRYER.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.45 × 6.17 m | — | Main |
| Primary | 2.74 × 4.19 m | — | Main |
| Kitchen | 3.75 × 3.42 m | — | Main |
| 2nd Br | 3.04 × 3.47 m | — | Main |
| 3rd Br | 2.51 × 3.47 m | — | Main |
| Br | 2.94 × 5.79 m | — | Bsmt |
| Br | 2.94 × 4.52 m | — | Bsmt |
| Kitchen | 2.81 × 3.88 m | — | Bsmt |
Listing history
Buy/sell history for 53 Madeira Dr, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,990 | N/A | For Sale | X14130652 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,998
- Total mortgage amount
- $399,992
- Total interest payment
- $284,608
- Total purchase cost
- $784,598
- Mortgage payment
- $2,282/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
7%Monthly carrying cost
$2,623- Carrying cost $2,623
- Surplus $377
Rental income opens at $3,000, the median asking rent of 7 comparable homes for lease in London East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,475
- Total land transfer tax
- $6,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,990
- $2,000
- Ontario total
- $6,475
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 7,158 sq ft665 m²
- Street frontage
- 53.56 ft16.3 m
- Depth
- 133.64 ft40.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 8.3 m.250 m
- Groundwater recorded about 8.4 m below ground nearbyThe middle water level in the well records within 500 m (8 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.6 km2.6 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 5 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Appropriate Chemical International Ltd. — Anchem Site, 700 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by London Hydro Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in East D right now
- For sale now
- 25
- Median asking price
- $550K
- New in 7 days
- 7
- Price cuts
- 20%
Middle half: $500K to $650K
12 in 28 days
5 listings
This home is asking 9% below the median.
See all homes in East DAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Evelyn Harrison Public SchoolThames Valley DSB | Public · grades JK–8 | 250 m | 65%Grade 6 average |
| École élémentaire catholique Ste-Jeanne-d'ArcConseil scolaire catholique Providence | French-language Catholic · grades JK–8 | 800 m | 72%Grade 6 average |
| Chippewa Public SchoolThames Valley DSB | Public · grades JK–8 | 850 m | 68%Grade 6 average |
| St Anne's Separate SchoolLondon District Catholic School Board | Catholic · grades JK–8 | 1.5 km | 63%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Paul II Catholic Secondary SchoolLondon District Catholic School Board | Catholic · grades 9–12 | 1.6 km | 44%Grade 9 math |
| Montcalm Secondary SchoolThames Valley DSB | Public · grades 9–12 · French Immersion | 1.9 km | 33%Grade 9 math |
| Clarke Road Secondary SchoolThames Valley DSB | Public · grades 9–12 | 3 km | 45%Grade 9 math |
| École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique Providence | French-language Catholic · grades 9–12 | 3.2 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in East D are shown to signed-in members.