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Price Change$620,000

924 Princess Avenue

East G, London East

$599,999

Detached|1 1/2 Storey
3 | 2 | 6
About this home

Two separate detached homes on one lot! Discover the perfect blend of character, flexibility, and income potential at 924 Princess Avenue. Steps from 100 Kellogg Lane, local breweries, the Western Fairgrounds, and the Artisan Market, this updated property offers unmatched versatility for multi-generational living, investors, or anyone seeking an Airbnb or mortgage-helper opportunity. The main residence features three spacious bedrooms and two full bathrooms, with three separate main-level entrances-ideal for a variety of living configurations. Formerly used as a duplex (currently a single-family), the layout offers a seamless opportunity to convert back to two units if desired. At the rear of the property, a two level detached garage structure has been re-imagined as a bright, loft-style apartment complete with a full kitchen, bathroom, and in-suite laundry. The upper loft level offers open-concept living with room to add additional bedrooms, perfect for guests, tenants, or short-term stays. Updated and well cared for over the years, this property is move-in ready and full of potential. Whether you choose to live in one home and rent the other, accommodate extended family, or expand your investment portfolio, 924 Princess Avenue delivers exceptional flexibility in a rapidly developing area close to Bus Rapid Transit, shopping, dining, and London's vibrant entertainment district.Note: Main House - 1,670 sq. ft.above grade. Garage Loft - 895 sq.ft. above grade. (System limited to show one structure. Details listed are for main house.)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$2,632
Lot Size33 ft x 132 ft
mls© NumberX13623364
Listed ByTHE REALTY FIRM INC.

Listing History

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  • 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%
$3,071
Property tax
$219
Heat allowance
$150
Housing costs
$3,440 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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