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East D, London East
$639,000
Welcome to this well-maintained and versatile home offering exceptional space and income potential in a highly desirable location. The main level features 3 spacious bedrooms and 1 full bathroom, while the fully finished lower level offers an additional 3 bedrooms and 1 bathroom, making it perfect for large families, multi-generational living, or rental opportunities.The lower level boasts high ceilings, creating a bright and comfortable living space rarely found in basement suites. Recent updates include new flooring, a new furnace and A/C (2024), and washer and dryer (2022), providing peace of mind for years to come.Additional highlights include an attached garage, ample living space, and a functional layout designed for flexibility and convenience.Conveniently located just minutes from Fanshawe College, shopping, amenities, and major bus routes, this property is an excellent opportunity for first-time home buyers looking to offset their mortgage or investors seeking strong rental potential in a high-demand area.Don't miss your chance to own this spacious and move-in-ready home in a prime location!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,677 |
| Lot Size | 41.01 ft x 105.04 ft |
| mls© Number | X13501506 |
| Listed By | LONDON LIVING REAL ESTATE LTD. |
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%
- $3,271
- Property tax
- $390
- Heat allowance
- $150
- Housing costs
- $3,810 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,689 / mo
- Cash down
- $127,800
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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