









29 Court Lane
East O, London East
$550,000
Welcome to 29 Court Lane, a fully renovated raised bungalow offering exceptional versatility,modern finishes, and outstanding income potential. Situated on a quiet, tree-lined street inEast London, this city-approved legal in-law suite is the perfect opportunity for investors,multi-generational families, or buyers looking to offset their mortgage with rental income.The property features a spacious 3-bedroom main floor unit and a bright 2-bedroom lower-levelsuite, each thoughtfully designed with separate entrances and separate laundry facilities formaximum privacy and convenience.The main level boasts a bright and functional layout with large windows, updated finishes, andcomfortable living spaces ideal for families. The lower suite offers excellent flexibility asa mortgage helper, in-law accommodation, or income-generating rental unit. Both units havebeen renovated to provide turnkey living with minimal maintenance required.Set on a generous lot surrounded by mature trees, the property offers ample outdoor space forrelaxation, entertaining, or family enjoyment. The quiet location provides a peacefulresidential setting while remaining close to schools, parks, shopping, public transit, andmajor commuter routes.Whether you're an investor seeking strong rental potential, a first-time buyer looking foradditional income, or a family needing flexible living arrangements, this rare legal duplex-style bungalow delivers incredible value and opportunity. Move in, rent out, or do both-29Court Lane is a turnkey property that checks all the boxes.Don't miss this rare opportunity to own a fully renovated legal in-law suite property in oneof London's established neighbourhoods. Book your private showing today!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,737 |
| Lot Size | 58.09 ft x 100.25 ft |
| mls© Number | X13431638 |
| Listed By | RE/MAX REALTRON 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%
- $2,815
- Property tax
- $228
- Heat allowance
- $150
- Housing costs
- $3,193 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,314 / mo
- Cash down
- $110,000
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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