53 Madeira Drive, London East, ON N5V 2M3
  • $499,990

Overview

  • Detached, Style Bungalow
  • Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms

Description

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!

  • Address: Madeira
  • City: London East
  • State/county: Middlesex
  • Zip/Postal Code: N5V 2M3
  • Area: East D

Details

Updated on October 9, 2026 at 8:43 pm
  • Price $499,990
  • Bedrooms 5
  • Bathrooms 2
  • Type Detached, Style Bungalow
  • Property Status Residential Freehold

Additional details

  • Bedrooms 3
  • Tax Year 2025
  • Square Footage 700-1100
  • Bedrooms Plus 2
  • Washrooms 2
  • Kitchens 1
  • Total Kitchens 2
  • Family Room Yes
  • Basement Separate Entrance
  • Heating Type Forced Air
  • Heating Fuel Gas
  • Air Conditioning Central Air
  • Sewers Sewer
  • Front 53.56
  • Depth 133.64
  • Driveway Private Double
  • Parking Spaces 4
  • Total Parking Spaces 4
  • Exterior Finish Brick
  • Property Orientation East
  • Taxes 4090
  • Occupancy Tenant
  • Cross Street On the corner of Beckworth Ave. and Madeira Dr.
  • Courtesy of EXP REALTY
  • Price per Sq Ft ~$556 (at 900 sq ft)
  • Listed Jul 5, 2026 ยท 96 days on market

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Questions & answers

Frequently asked questions about 53 Madeira Drive

Answers come straight from this home’s MLS® listing.

How much is 53 Madeira Drive listed for?

53 Madeira Drive is listed for $499,990. With 20% down ($99,998), the mortgage payment would be roughly $2,014 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 53 Madeira Drive have?

53 Madeira Drive has 3 bedrooms above grade plus 2 more below grade and 2 bathrooms. There are 2 kitchens.

How big is 53 Madeira Drive?

The listing puts the above-grade living space between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 53 Madeira Drive?

53 Madeira Drive is a detached bungalow in East D, London East. The exterior is brick.

Does 53 Madeira Drive have a finished basement?

The basement is listed as separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

How big is the lot at 53 Madeira Drive?

The lot is 53.56 ft wide by 133.64 ft deep, which is about 7,158 sq ft if it is a regular rectangle. The listing gives the orientation as east.

Does 53 Madeira Drive have a garage, and how much parking is there?

The listing does not show a garage. There is parking for 4 vehicles in total.

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.

What neighbourhood is 53 Madeira Drive in?

53 Madeira Drive is in the East D community of London East, Middlesex Region. 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. 53 Madeira Drive is an active listing (MLS® X13524376), on the market since July 5, 2026. Listings here update from the board through the day and come down once a home sells.

Has 53 Madeira Drive sold before, and for how much?

Past sales, leases and expired listings for this 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 647-619-2256.

Have a different question? Ask about this home and get an answer, usually within the hour.