
















261 Winnipeg Street
East H, London East
$459,000
Welcome to this charming and well-maintained 2-bedroom home located in a mature, family-friendly neighborhood surrounded by beautiful trees. Originally designed as a 3-bedroom home, it has been thoughtfully converted to a 2 bedroom to provide a more spacious and functional layout. The bright main floor offers comfortable living and dining areas, along with a full 3-piece bathroom. The fully finished basement provides valuable additional living space, perfect for a recreation room, home office, gym, or guest area, and features an additional TWO 3 piece bathrooms .Situated on a mature lot in an established neighborhood, this home offers comfort, character, and convenience. Ideally located close to schools, parks, shopping, public transit, and other essential amenities, it is an excellent opportunity for first-time buyers, downsizers, or investors alike. As an added bonus, the seller is offering a $3,000 credit to the buyer upon closing to assist with repainting and personalizing the home to their taste.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,092 |
| Lot Size | 56.81 ft x 134.49 ft |
| mls© Number | X13457190 |
| Listed By | NU-VISTA PINNACLE REALTY BROKERAGE 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%
- $2,349
- Property tax
- $258
- Heat allowance
- $150
- Housing costs
- $2,757 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$85,000
gross annual household income
- Payment at 4%
- $1,932 / mo
- Cash down
- $91,800
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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