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, 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!
The home
- Type
- 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)
- Listed
- Jul 5, 2026 · 99 days ago
- MLS® number
- X13524376
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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 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 bungalow. A 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.
How long has 53 Madeira Drive been on the market?
53 Madeira Drive was listed on July 5, 2026. It has been on the market for 99 days. It is an active listing (MLS® X13524376). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 53 Madeira Drive asking?
Similar bungalow-style homes for sale nearby right now include 38 Tewskbury Crescent at $485,000 (3+3 bed), 1062 Apache Road at $479,999 (3 bed) and 1006 Apache Road at $479,900 (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 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near East D, picked by style, size and price.
Bungalow$485,00038 Tewskbury Crescent, London East3+3 bed · 2 bath · East DCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Bungalow$479,9991062 Apache Road, London East3 bed · 2 bath · East DCourtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INCView home →
Bungalow$479,9001006 Apache Road, London East3 bed · 2 bath · East DCourtesy of: RE/MAX CENTRE CITY REALTY INC.View home →Courtesy of: EXP REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.