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East O, London East
$645,000
Welcome to 54 Manitoulin Drive - a fully renovated, turnkey home situated on a large lot in a desirable neighbourhood. This move-in-ready property offers a bright and modern interior with new engineered hardwood flooring throughout the main floor, fresh paint, and stylish finishes throughout. The updated kitchen is equipped with brand new appliances, including a new fridge, stove, and dishwasher, making it ideal for everyday living and entertaining. Major updates include a new roof (2026) and a new furnace and A/C system (2026), providing added value and comfort. Conveniently located near schools, parks, playgrounds, public transit, shopping centres, restaurants, and everyday amenities, this home offers the convenience today's buyers are looking for. Situated in the established Fairmont area, residents enjoy easy access to nearby schools, community parks, recreation facilities, and major routes throughout the city. Whether you're a first-time buyer, growing family, downsizer, or investor, this beautifully updated property is ready for its next owner to enjoy.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,336 |
| Lot Size | 60 ft x 110.28 ft |
| mls© Number | X13657598 |
| 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%
- $3,301
- Property tax
- $278
- Heat allowance
- $150
- Housing costs
- $3,729 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,714 / mo
- Cash down
- $129,000
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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