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!
Address
53 Madeira Drive
List Price
$540,000
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
London East
Sub-Area
East D
Region
Middlesex
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
6
Rooms Below Grade
5
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
133.64
Lot Size Units
Feet
Lot Width
53.56
Parcel Number
081030487
Occupant Type
Tenant
Cross Street
On the corner of Beckworth Ave. and Madeira Dr.
MLS® Number
X12937854
Listing Brokerage
EXP REALTY
Basement Area
Separate Entrance
Postal Code
N5V 2M3
Parking
Private Double
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$4,090.00
Tax Year
2025
Interior Features
Carpet Free
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
Yes
Foundation Details
Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
LOT 386, PLAN 876, SUBJECT TO 128088, 128089 CITY OF LONDON
Waterfront
No
Sewer
Sewer
Login To View 10 Additional Details On 53 Madeira Drive
Get instant access to more information with a free account.
Already have an account? Login
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 6.17 x 3.45 | |
| Main | Primary Bedroom | 4.19 x 2.74 | |
| Main | Kitchen | 3.42 x 3.75 | |
| Main | Bedroom 2 | 3.47 x 3.04 | |
| Main | Bedroom 3 | 3.47 x 2.51 | |
| Basement | Bedroom | 5.79 x 2.94 | |
| Basement | Bedroom | 4.52 x 2.94 | |
| Basement | Kitchen | 3.88 x 2.81 |