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Listed 2 months ago

307 TWEEDSMUIR Avenue

East O, London East

$499,999

Detached|Bungalow
3 | 2 | 2
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,168
Lot Size60.16 ft x 110.28 ft
mls© NumberX13551098
Listed ByTEAM 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.

Down payment20% · $100,000
25-yr amortization

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 check

Investment Analysis

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

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