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Price Change$549,900

77 Elm Street

East M, London East

$539,900

Detached|Bungalow
2 | 1 | 3
About this home

Welcome to this thoughtfully renovated bungalow that perfectly blends modern style, character, and income potential! Ideally located in a family-friendly neighbourhood just minutes from parks, the recreation centre, and arena, this move-in-ready home offers exceptional value. The bright and inviting main floor features two bedrooms, an open-concept living and dining area with soaring ceilings and stunning exposed beams, creating a warm and spacious atmosphere. The beautifully designed kitchen offers an abundance of cabinetry and counter space, while the large bathroom is filled with natural light from the skylight above. The partially finished basement includes a third bedroom and offers additional space ready for your personal finishing touches -- ideal for a family room, home office, gym, or extra storage. Your own backyard oasis awaits! Spend summer days relaxing by the in ground pool, complete with a new pool cover, sand filter, and equipment (2026). The large deck with a natural gas BBQ hookup provides the perfect space for entertaining family and friends, while the expansive covered front porch is an inviting place to enjoy your morning coffee or unwind in the evening. One of this property's most impressive features is the detached garage, which has been converted into a self-contained bachelor apartment. The front section of the garage remains a dedicated pool equipment room, offering convenient storage and functionality. Additional updates include new windows and doors (2025), as well as a new air conditioner and boiler unit, providing peace of mind for years to come. Whether you're looking for a beautifully updated family home, a property with mortgage-helping rental income, or an investment opportunity, this unique bungalow truly has it all. Don't miss your chance to own this exceptional home!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,085
Lot Size36 ft x 140 ft
mls© NumberX13588154
Listed ByPC275 REALTY 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%
$2,763
Property tax
$257
Heat allowance
$150
Housing costs
$3,171 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

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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