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Listed 2 months ago

15 Garland Crescent

East I, London East

$535,000

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to this stylish, fully updated 3+1 bedroom bungalow offering exceptional modern updates, layout versatility, and built-in income potential! Designed for seamless daily living, the bright open-concept main level features gorgeous new laminate flooring, fresh neutral paint throughout, and large windows that fill the home with natural light. The renovated kitchen is a true standout, featuring sleek cabinetry, ample counter space, and a functional layout that makes meal prep and hosting an absolute breeze. The spacious living and dining area provides the perfect setting for family gatherings or relaxing evenings.INCOME AND IN-LAW POTENTIAL:The lower level offers incredible flexibility with a dedicated private side entrance leading directly to a fully finished basement setup. Complete with a second full kitchen, a spacious 4th bedroom, full bathroom, and an expansive living room, this space is ideal for an in-law suite, multi-generational living, extended guests, or as a rental mortgage helper to offset monthly living costs. PRIME AND CONNECTED LOCATION:Situated in a high-demand, family-friendly neighborhood, every convenience is just moments away. You are steps away from Argyle Mall for major shopping, groceries, and dining, and within easy walking distance to local public schools, community parks, and transit routes. Plus, being less than 5 km from Fanshawe College Main Campus makes this a prime location for post-secondary housing and long-term rental demand.Whether you are a first-time home buyer looking to supplement your mortgage, a multi-generational family seeking dual living spaces, or an investor searching for a turn-key asset in a high-demand node, this property delivers unbeatable value, location, and long-term potential. Move-in ready--just unlock the door and enjoy!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,588
Lot Size42.3 ft x 100.22 ft
mls© NumberX13571532
Listed BySHRINE REALTY BROKERAGE 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%
$2,738
Property tax
$299
Heat allowance
$150
Housing costs
$3,187 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,251 / mo
Cash down
$107,000

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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