For saleMLS® X14130652
53 Madeira Drive
London, N5V 2M3
$499,990
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Interior
- 700-1,100 ft²
- Lot
- 53.56 × 133.64 ft
- Type
- Detached
About this home
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. Inside, you'll find a bright and inviting layout with fresh paint throughout most of the home. 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.
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.
Property details
- Property type
- Detached
- Ownership
- Freehold
- Style
- Bungalow
- Property taxes
- $4,090 (2025)
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Basement
- Separate Entrance
- Fireplace
- Yes
- Parking
- 4 spaces
- Sewer
- Sewer
- Lot
- 53.56 × 133.64 ft lot
- Time on market
- 3 days on market
Features
Inside
- Carpet Free
Outside
- Brick
- Shingles roof
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Living Room | Main | 20' 3" × 11' 4" | |
| Primary Bedroom | Main | 13' 9" × 9' | |
| Kitchen | Main | 11' 3" × 12' 4" | |
| Bedroom 2 | Main | 11' 5" × 10' | |
| Bedroom 3 | Main | 11' 5" × 8' 3" | |
| Bedroom | Basement | 19' × 9' 8" | |
| Bedroom | Basement | 14' 10" × 9' 8" | |
| Kitchen | Basement | 12' 9" × 9' 3" |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $25,000.
Your monthly payment
$2,214
- Mortgage amount
- $399,992
- Interest over the amortization
- $264,162
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
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