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East H, London East
$680,000
Attention First-Time Home Buyers & Investors!Don't miss this exceptional opportunity to own an impeccably maintained 4+3 bedroom legal bungalow with a separate side entrance to the fully finished lower level-ideal for extended family or rental income.It worked as a duplexThe main floor features a bright and functional kitchen, a spacious primary bedroom, three additional generously sized bedrooms, and a well-appointed 4-piece bathroom. One of the bedrooms provides direct access to a beautiful deck, perfect for enjoying your morning coffee or relaxing outdoors.The legal lower level offers excellent income potential with 3 spacious bedrooms, 2 full bathrooms, a large kitchen, and a dedicated laundry area with separate washer and dryer space, making it ideal for tenants or multi-generational living.Step outside to a generously sized backyard featuring a deck and a charming gazebo-perfect for entertaining family and friends or unwinding after a long day.Highlights: Legal 4+3 bedroom bungalow Separate side entrance to lower level Excellent rental potential with approximately $4,000/month in rental income Bright main-floor layout Finished lower level with separate living amenities Large backyard with deck and gazebo Community centre directly across the street Minutes from shopping, Argyle Mall, schools, parks, and other everyday amenitiesWhether you're a first-time buyer looking to offset your mortgage with rental income or an investor seeking a cash-flowing property, this home is an opportunity you won't want to miss!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,150 |
| Lot Size | 58 ft x 120 ft |
| mls© Number | X13630760 |
| Listed By | KING 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%
- $3,481
- Property tax
- $263
- Heat allowance
- $150
- Housing costs
- $3,893 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$120,000
gross annual household income
- Payment at 4%
- $2,862 / mo
- Cash down
- $136,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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