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East N, London East
$384,900
This solid 1956 brick bungalow presents an exceptional opportunity for first-time buyers and investors alike, combining timeless character with essential modern updates. Step inside to find original hardwood flooring throughout the living room and both bedrooms, complemented by the recent addition of brand-new stainless steel appliances in the functional kitchen space. Peace of mind is guaranteed with a newer high-end roof shingle. The home features newer windows, and a high-efficiency furnace paired with central air conditioning to ensure year-round comfort. Beyond its current charm, this property offers immense potential for creative renovations, sitting on a deep 120-foot mature lot with a private driveway. The interior includes a partially finished lower level with a surprisingly spacious family room, providing additional living space or a head start on further customization. Complete with a fully fenced yard for privacy and security on a level lot, this home is a versatile blank canvas waiting for your vision-so come check it out!! This property is being sold in "as is" condition
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,172 |
| Lot Size | 33.43 ft x 120.4 ft |
| mls© Number | X13076412 |
| Listed By | BLUE FOREST REALTY INC. |
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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,970
- Property tax
- $264
- Heat allowance
- $150
- Housing costs
- $2,384 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$73,000
gross annual household income
- Payment at 4%
- $1,620 / mo
- Cash down
- $76,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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