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East C, London East
$525,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | --- |
| Lot Size | 63 ft x 123.7 ft |
| mls© Number | X12887600 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
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