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Listed 1 month ago

208 NIAGARA Street

East O, London East

$529,900

Detached|Bungalow
3 | 2 | 7
About this home

Welcome to this 208 Niagara St. London this multi-generational layout with the walk-up basement is a solid, one-floor home offering 1,037 sq. ft. of comfortable living space in the highly desirable Fairmont neighborhood, home to the sought-after Fairmont Public School. This versatile property is ideal for families, multi-generational living, or buyers looking for income potential. The main floor features three bedrooms, a functional kitchen with patio doors leading to the backyard, and hardwood flooring beneath the existing carpet. The finished lower level offers outstanding flexibility with a spacious second kitchen, large family room, four-piece bathroom, laundry area, and a separate walk-up entrance with direct access to the oversized attached garage-creating an excellent opportunity for an in-law suite, teenage retreat, or potential rental accommodation (buyer to verify permitted uses).The oversized attached garage (approximately 4.0 m x 7.99 m / 13'1" x 26'3") provides exceptional storage and workspace. The property offers excellent backyard access-ideal for adding a detached workshop or garage, or for conveniently parking an RV, trailer, or recreational vehicles. Major updates include a 2-year-old central air conditioner, a 4-year-old roof with 40-year shingles, an owned water heater, and a furnace with an updated blower motor. Electrical wiring is already in place from the panel to the front yard for a future lamp post, should the new owner wish to reconnect it. This is a rare opportunity to own a solid, versatile home in one of London's most established family neighborhood, offering excellent schools, parks, and amenities, with endless possibilities for today's lifestyle.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,621
Lot Size64.55 ft x 110.61 ft
mls© NumberX13592222
Listed ByRE/MAX CENTRE CITY 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%
$2,712
Property tax
$302
Heat allowance
$150
Housing costs
$3,164 / mo

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

Down payment20% · $105,980
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,980

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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