3-Bed Backsplit on a Quiet Court Near 401

Property details for 587 Classic Court, London East

Type: Residential
Bedrooms: 3
Bathrooms: 2
Lot Size: 46 x 107 FT
Basement: Partially finished, N/A
Parking: Attached Garage, Garage, Inside Entry
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $4,493

Tucked at the end of a quiet court in London East, this 3-bed, 2-bath backsplit sits on a 46 x 107 ft flat lot with a pie-shaped backyard that's a real oasis. The main floor has separate living and dining rooms that open to a spacious kitchen with dual skylights. You'll love stepping out to the landscaped yard with a waterfall feature. Upstairs, all three bedrooms are on one level, including a primary with plenty of space. The lower level has a large family room with a gas fireplace and a second bath, plus a partially finished basement with laundry. The exterior is low-maintenance with brick and vinyl siding, and there's a 2-car attached garage with inside entry. It's just 0.5 km to London District Christian Secondary School, about 5 km to Fanshawe College, and easy access to the 401 for commuters. With 33 active listings nearby and a median sold price around $509,900, this one at $699,900 is priced a bit higher but offers unique features like the waterfall and quiet court location. Taxes are about $4,493/year. If you're looking for a solid family home with character and a great yard, this is worth a look.

About 587 Classic Court, London East — Property Score

Prime Location

Score: 63/100

Value

Priced 40% above area median of $499,900 based on 205 comparable properties nearby 10

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

4,922 sqft lot - a standard lot for the area 65

Location

$84K median household income - above the Canadian average of $70K 72

79% of residents hold postsecondary credentials - a highly educated neighbourhood 87

92% homeownership rate - indicating a stable, owner-occupied community 95

73% of residents commute under 30 minutes - excellent commuter accessibility 88

1,618/km² population density - a well-balanced suburban area 86

Market

Just listed - area average is 33 days on market 100

+4.4% median price change over 1 month - rising prices in the area 72

38.8 months of housing supply - 310 active listings with 8 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.1 spots 95

Partially finished, N/A basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.64% effective tax rate ($4,493/yr) - below the Canadian average of ~1% 81

8% renter population - primarily owner-occupied area 39

Quality

Condition

Listing

39 photos provided - 15% more than the area average of 34 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.