$499,990
53 Madeira Drive, London East, ON N5V 2M3
5 Beds
2 Baths
4 Parking
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! Priced to sell!

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 3
Bedrooms Below Grade 2
Bathrooms 2
Kitchens 2
Basement Separate Entrance
Exposure East

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick
Foundation Poured Concrete
Roof Shingles
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 53.56 x 133.64
Lot Size Units Feet
Frontage 53.56
Depth 133.64
Total Living Area 700-1100

Land

Address 53 Madeira Drive, London East, ON N5V 2M3
City London East
Community East D
County / Area Middlesex
Cross Street On the corner of Beckworth Ave. and Madeira Dr.
Sewer Sewer
Pool None
Parcel Number 081030487

Parking and Garage

Total Parking 4
Garage Spaces 0
Garage Type None
Parking Features Private Double

Taxes and Listing Info

List Price $499,990
Annual Taxes $4,090
Tax Year 2025
Status Active
Listing Date 2026-03-31T02:58:57Z
Updated 2026-05-23T06:00:21Z
MLS Number X12937854
Local Market Insight

What Buyers Should Know About 53 Madeira Drive, London East, ON N5V 2M3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

53 Madeira Drive, London East, ON N5V 2M3 is positioned in East D, a part of London East where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to On the corner of Beckworth Ave. and Madeira Dr., public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $499,990, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 5 bedrooms, 2 bathrooms, basement details marked as Separate Entrance, and a lot size of 53.56 x 133.64, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In London East, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around East D. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 53 Madeira Drive, London East, ON N5V 2M3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.