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East C, London East
$549,000
Welcome to this spacious and well-maintained bungalow, perfect for families, multi-generational living, or investors. The main floor offers 3 generous bedrooms and has been updated with a brand-new kitchen and new flooring throughout. The finished basement features a separate entrance, providing excellent flexibility for extended family, guests, or additional living space. Ideally located within walking distance to Fanshawe College, this property also offers outstanding rental potential with the possibility of a 6-bedroom setup. Enjoy the convenience of being close to shopping, grocery stores, schools, parks, playgrounds, public transit, and easy highway access. A fantastic opportunity to own a home that combines comfort, versatility, and a prime location. Wood burning fireplace is in AS-IS condition.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,351 |
| Lot Size | 50 ft x 128.52 ft |
| mls© Number | X13597586 |
| Listed By | HOMELIFE/MIRACLE REALTY 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%
- $2,810
- Property tax
- $279
- Heat allowance
- $150
- Housing costs
- $3,239 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$100,000
gross annual household income
- Payment at 4%
- $2,310 / mo
- Cash down
- $109,800
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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