53 Madeira Drive, London East, ON N5V 2M3
East D, London East · Near On the corner of Beckworth Ave. and Madeira Dr. · View map
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. A bus stop located directly outside the property provides exceptional convenience for students, commuters, and tenants alike.Inside, you'll find a bright and inviting layout with fresh paint throughout most of the home. The functional floor plan offers comfortable main-floor living, a second kitchen in the basement, and a washroom on each level, making it ideal for extended families, multi-generational living, or income potential.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. Additional features include egress windows in the basement and a sprinkler system in the furnace room for added safety and peace of mind.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.
The home
- Type
- Detached bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Separate Entrance
- Lot size
- 53.6 x 133.6 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $4,090/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- On the corner of Beckworth Ave. and Madeira Dr.
- Neighbourhood
- East D
More
- Price per sq ft
- ~$556 (at 900 sq ft)
- MLS® number
- X14130652
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The home and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
53 Madeira Drive, London East, ON N5V 2M3
East D, London East · Near On the corner of Beckworth Ave. and Madeira Dr.
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Listing history for 53 Madeira Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 53 Madeira Drive
Answers come straight from this home’s MLS® listing.
How much is 53 Madeira Drive listed for, and what would it cost each month?
53 Madeira Drive is listed for $499,990. With 20% down ($99,998), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,358 a month, all in. That figure is an illustration, not a quote.
Is 53 Madeira Drive freehold or a condo, and is there a monthly fee?
53 Madeira Drive is a detached bungalow in East D, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 53 Madeira Drive have?
53 Madeira Drive has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.
Does 53 Madeira Drive have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 53 Madeira Drive have a finished basement?
The listing describes the basement as separate entrance. It counts 2 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 53 Madeira Drive?
53 Madeira Drive is a detached bungalow. A detached bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 53 Madeira Drive, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 53.6 x 133.6 ft.
How is 53 Madeira Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 53 Madeira Drive?
Property taxes are $4,090 a year (2025), or about $341 a month.
Where is 53 Madeira Drive?
53 Madeira Drive is in the East D community of London East. The nearest main intersection is On the corner of Beckworth Ave. and Madeira Dr.. The postal code is N5V 2M3.
Is 53 Madeira Drive still for sale?
Yes. It is an active listing (MLS® X14130652). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 53 Madeira Drive asking?
Similar detached homes for sale nearby right now include 1183 Patann Drive at $499,000 (3+2 bed), 1062 Apache Road at $479,999 (3 bed) and 38 Tewskbury Crescent at $475,000 (3+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 53 Madeira Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 53 Madeira Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near East D, picked by style, size and price.
Detached bungalow$499,0001183 Patann Drive, London East3+2 bed · 2 bath · East DCourtesy of: RIGHT AT HOME REALTYView home →
Detached bungalow$479,9991062 Apache Road, London East3 bed · 2 bath · East DCourtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INCView home →
Detached bungalow$475,00038 Tewskbury Crescent, London East3+3 bed · 2 bath · East DCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: Gale Group Realty Brokerage Ltd
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.