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East O, London East
$499,999
Welcome to 307 Tweedsmuir Avenue, a spacious bungalow located in the desirable Fairmont neighbourhood of East London. This home offers an excellent opportunity for investors, renovators, or buyers looking to add their personal touch.The main floor features a bright, open-concept layout where the wall between the living room and the kitchen/dining area has been partially removed, creating a more open and inviting space ideal for both everyday living and entertaining. The main level offers 3 bedrooms and 1 full bathroom.The finished basement provides additional living space with 2 bedrooms, 1 full bathroom, and a large family room, offering flexibility for extended family, guests, or potential future income opportunities (buyer to verify all intended uses).Step outside to enjoy a covered rear porch, perfect for relaxing or entertaining, overlooking a generous-sized backyard with plenty of room for children, pets, gardening, or outdoor gatherings. The property also includes two storage sheds, providing convenient space for tools, equipment, and seasonal items.Additional features include a private driveway with parking for 2 vehicles and a location within walking distance of Tweedsmuir Public School and St. Bernadette Catholic School, as well as nearby parks, shopping, public transit, and other amenities.This is a fantastic opportunity to purchase a home with great potential in an established family-friendly neighbourhood.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,168 |
| Lot Size | 60.16 ft x 110.28 ft |
| mls© Number | X13551098 |
| Listed By | TEAM GLASSER REAL ESTATE 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%
- $2,559
- Property tax
- $264
- Heat allowance
- $150
- Housing costs
- $2,973 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$91,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
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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