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East C, London East
$399,000
Welcome to 55 Linwood Street, a cozy and unique bungalow thats full of charm and potential. Currently a one-bedroom, one-bathroom home, it can easily be converted back into a two-bedroom layout to suit your needs. Everything is on one level, making it convenient and accessible for all lifestyles. Recent updates include a durable metal roof built to last for decades, an 8-year-old furnace and central air conditioning system, and energy-efficient double-pane vinyl windows, electrical panel giving you peace of mind and long-term savings. The property also features well-maintained front and back yards, with the backyard offering a true garden paradise complete with a variety of plants, a small greenhouse, and a garden shed. Cute as a button and move-in ready, this home is ideal for first-time buyers, downsizers, or anyone looking for a peaceful retreat with room to grow. Situated in a well-connected neighborhood close to schools, shopping, transit, and all amenities, this property is an affordable opportunity you wont want to miss.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,816 |
| Lot Size | 33 ft x 132 ft |
| mls© Number | X13149160 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
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%
- $2,042
- Property tax
- $235
- Heat allowance
- $150
- Housing costs
- $2,427 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$75,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
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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