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Price Change$475,000

1505 McLarenwood Terrace

East O, London East

$450,000

Detached|Bungalow
3 | 2 | 4
About this home

This charming brick bungalow offers the perfect blend of comfort, functionality, and outdoor space. Situated on a generous lot backing onto green space, the property provides a peaceful setting with mature trees and plenty of privacy. Inside, you'll find 3 bedrooms on the main level, a bright open-concept kitchen and living area, and a fully finished basement that adds valuable living space for family gatherings, a den hobbies, loads of storage, a 3 piece bathroom and laundry. There is also a walkout for in law capability. The home also features a durable steel roof for long-term peace of mind. Outside, enjoy ample parking for up to four vehicles and the convenience of two large garden sheds, providing exceptional storage for tools, outdoor equipment, and seasonal items. The fully fenced yard with fire pit and horse shoe pit are the perfect fit for a family with kids or pets. Whether you're a first-time buyer, downsizer, or growing family, this home offers outstanding value in a desirable setting. Don't miss your opportunity to make it yours!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,286
Lot Size50.13 ft x 154 ft
mls© NumberX13428630
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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax
$274
Heat allowance
$150
Housing costs
$2,727 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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