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Price Change$419,900

97 William Street

East K, London East

$324,900

Detached|Bungalow
2 | 2 | 7
About this home

Opportunity meets comfort with this well-maintained 2-bedroom, 2-bathroom bungalow situated on a rare 66 foot wide double lot in the heart of London's vibrant SOHO neighbourhood. Featuring desirable R2-2 zoning, this property offers exciting future development potential while providing an excellent place to call home today. The main floor offers a functional layout with two spacious bedrooms, two full bathrooms, convenient main floor laundry (which previously served as a third bedroom and could easily be converted back into a bedroom or home office), a bright living room, a large eat-in kitchen, and a welcoming sunroom that adds even more versatile living space. Step outside to enjoy the expansive, fully fenced yard complete with a wrap-around deck, a large side yard, and an oversized detached workshop with hydro-perfect for hobbyists, extra storage, or workspace needs. The private double-wide driveway accommodates up to seven vehicles and is secured by a gate at the end of the drive, offering added privacy and peace of mind. Recent updates include the kitchen (2026), shingles (2023), flooring, interior painting, and modern lighting (2023), making this home move-in ready. Ideally located just a short walk from Meredith Park, you'll enjoy access to some of London's finest tennis courts and beautifully maintained green space. Whether you're a first-time buyer, investor, or someone looking for a property with future development potential, this is an exceptional and rare opportunity. Offered at under $400,000, this home delivers outstanding value in a central location. Don't miss your chance to make it yours!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,079
Lot Size66.17 ft x 102.46 ft
mls© NumberX13600154
Listed ByROYAL LEPAGE TRILAND REALTY

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%
$1,663
Property tax
$173
Heat allowance
$150
Housing costs
$1,986 / mo

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

Down payment20% · $64,980
25-yr amortization

Income needed

$61,000

gross annual household income

Payment at 4%
$1,367 / mo
Cash down
$64,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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