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$300K · 3+3 bed Common Element Condo · East I, London East | MyPropertyScout

$299,900

1840 Culver Drive

25 DOM

3+3225d

Map

DOM 25

$299,900

C●●○○○DOM25days

1840 Culver Drive

London East · Ontario N5V 3K6

MLS® X13249478 · East I · N5V 3K6

3+32TenantOccupied700-799 ft²Common Element CondoNone25d$400/ft²$1,964 tax/yrBuilt 198541 yrs old

5% above market · regional est. · 25 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to 1840 Culver Drive - a spacious and versatile property offering exceptional value and upside potential. Featuring six generously sized bedrooms, this home provides flexibility for growing families, multi-generational living, or those seeking additional workspace. This property is well-suited for first-time home buyers, downsizers, investors seeking a single-family rental, or contractors looking for a value-add renovation opportunity. The property will be vacant on possession, allowing…

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Property details

MLS#: X13249478
Status: Buy Now
Beds: 3+3
Baths: 2 full, 0 half
Size: 700-799
Style: Bungalow
Type: Common Element Condo
Year built: —

Roof: Shingles
Foundation: Poured Concrete
Property features: Park, Place Of Worship, School Bus Route, School

Condo corp #: 54
Balcony: None
Locker: None
Association amenities: BBQs Allowed, Visitor Parking
Fees include: Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 3 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Vinyl Siding · Deck
Fronting on: —
Cross street: Culver Crescent & Clarke Road
Basement: Finished
Stories: 1
Utilities: —
Laundry: In Basement
Interior: Primary Bedroom - Main Floor, Storage, Water Heater
Parking features: Private Triple

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: KELLER WILLIAMS LIFESTYLES

Source: TRREB/PROPTX · MLS® X13249478

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$300K

1840 Culver Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $299,900✓ $1,964 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$2,817/mo

incl. closing costs (yr 1)

Annual total

$33,810

year 1

Mortgage only

$1,138/mo

principal + interest

Beyond mortgage

$974/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$59,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$164/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$2,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$11/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$2,974

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $13,653/yr

Property taxes15% $4,938/yr

Utilities12% $3,960/yr

Insurance & security5% $1,600/yr

Maintenance9% $2,999/yr

Condo fees5% $1,560/yr

Closing costs15% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$13,653	$1,138/mo
Government & taxes
Property tax	$1,964	$164/mo
Land transfer tax(closing)	$2,974	$248/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$2,999	$250/mo
Condo fees
Condo / HOA fees	$1,560	$130/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$33,810	$2,817/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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1840 Culver Drive

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs