Detached

53 Madeira Drive

London, N5V 2M3

$499,990
Bedrooms
3+2
Bathrooms
2
Interior
700-1,100 ft²
Lot
53.56 × 133.64 ft
Type
Detached
On the market
14 days

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.
Take the virtual tour

Features

  • Carpet Free

Property details

MLS® number
X14130652
Property type
Detached
Style
Bungalow
Bedrooms
3+2
Bathrooms
2
Kitchens
2
Interior size
700-1,100 ft²
Lot
53.56 × 133.64 ft
Basement
Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
4 spaces
Fireplace
Yes
Exterior
Brick
Roof
Shingles
Foundation
Poured Concrete
Property taxes
$4,090 (2025)
Possession
Flexible
Cross street
On the corner of Beckworth Ave. and Madeira Dr.
Community
East D
Municipality
London

Rooms

  • Living Room

    20' 3" × 11' 4"

    Main

  • Primary Bedroom

    13' 9" × 9'

    Main

  • Kitchen

    11' 3" × 12' 4"

    Main

  • Bedroom 2

    11' 5" × 10'

    Main

  • Bedroom 3

    11' 5" × 8' 3"

    Main

  • Bedroom

    19' × 9' 8"

    Basement

  • Bedroom

    14' 10" × 9' 8"

    Basement

  • Kitchen

    12' 9" × 9' 3"

    Basement

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

London, near On the corner of Beckworth Ave. and Madeira Dr.

53 Madeira Drive, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,214a month

$99,998 down, 4.5%, 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

Similar homes around London

See more homes
  • New

    $499,000

    134 Mark Street

    LondonDetached

    3+2 beds2 baths700-1,100 ft²

    MLS® X14178878
  • New

    $624,900

    1 Kaladar Place

    LondonDetached

    2+2 beds2 baths700-1,100 ft²

    MLS® X14177046
  • New

    $585,000

    82 Langton Road

    LondonDetached

    3+2 beds2 baths1,100-1,500 ft²

    MLS® X14173274

Want to see it in person?

We can usually show you a home within a day or two. We confirm the time with the listing brokerage and meet you at the door, with our honest read on the home and its price.