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East N, London East
$419,900
Welcome to the desirable Hale Street District in historic East London! This charming 2-bedroom bungalow sits on a deep 45x130 ft lot and presents a rare opportunity for first-time buyers, investors, flippers or handymen seeking immediate value and long term potential. Step inside to discover a functional main floor layout boasting 2-bedrooms plus a bonus room perfect for an office or den. Hardwood floors and a cozy wood-burning fireplace add warmth and character throughout. Adding further appeal, a second side-entrance leads directly to the basement ready for your finishing touches, creating flexible living options and rental income potential. Outside, a long driveway leads to a sizeable detached shop/garage offering ample space for parking, storage or projects. The well-maintained yard rounds out the package with generous room for gardening, outdoor living or relaxation. Education options abound with zoning for Prince Charles PS, Princess Anne French Immersion, St. Pius X, Clarke Road SS and John Paul II Secondary. Post-secondary students and faculty will enjoy the proximity to Fanshawe College and short distance to the 94 Express bus route heading to Western University. The surrounding neighbourhood further delivers exceptional everyday convenience. Walk to Kiwanis Park and enjoy the various dining and shopping options along Dundas Street, including Crabby Joe's. With just a short drive, you'll find East Lions Community Centre, Argyle Mall, Walmart Supercenter, Western Fair District and Gateway Casino, The Factory and the new Hard Rock Hotel. Commuters will also appreciate quick access to Highway 401, LHSC Victoria Hospital and London International Airport. This home is vacant and available now with flexible closing options.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,860 |
| Lot Size | 45 ft x 130 ft |
| mls© Number | X13611984 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
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%
- $2,149
- Property tax
- $238
- Heat allowance
- $150
- Housing costs
- $2,538 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$78,000
gross annual household income
- Payment at 4%
- $1,767 / mo
- Cash down
- $83,980
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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