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Listed 6 months ago

47 Boullee Street

East C, London East

$525,000

Detached|Bungalow
0 | 2 | 16
About this home

Well-maintained community building located on Boullee Street, just north of Oxford Street, offering a rare opportunity with R1-5 zoning and legal non-conforming use as a meeting/banquet hall. Formerly home to Boy Scouts Canada and currently used by a Church, this versatile property is ideally suited for community groups, faith organizations, private gatherings, or adaptive reuse. The building features approximately 1,725 sq. ft. on the main floor, including a spacious meeting/banquet hall, two washrooms, and a fully equipped commercial kitchen complete with two stoves. The finished lower level provides an additional 750 sq. ft. of private gathering space, along with two storage rooms, a furnace room, pump room, and two stairwells for convenient access. Recent updates include storage shed, roof shingles and an air-conditioning unit. The site measures 63' x 124' and offers on-site parking for approximately 12-15 vehicles. Located in an affordable North-East neighbourhood close to schools, parks, shopping, and public transit, the property also presents potential for other uses or development.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax---
Lot Size63 ft x 123.7 ft
mls© NumberX12887600
Listed ByROYAL LEPAGE TRILAND REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,687
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$2,837 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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