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Price Change$399,999

581 Hale Street

East N, London East

$384,900

Detached|Bungalow
2 | 1 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$3,172
Lot Size33.43 ft x 120.4 ft
mls© NumberX13076412
Listed ByBLUE 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.

Down payment20% · $76,980
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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