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East B, London East
$499,000
Attention First-Time Buyers! Welcome to this charming cottage-style bungalow nestled in the heart of sought-after Old North. Ideally located just minutes from Western University, St. Joseph's Hospital, and an easy walk to the shops, dining, and vibrant atmosphere of Richmond Row, this home offers the perfect blend of comfort and convenience. This inviting two-bedroom, one-bathroom home sits on a deep lot backing onto a peaceful schoolyard - providing privacy and plenty of space for gardening, entertaining, or simply relaxing in your own backyard retreat. Inside, you'll find thoughtful updates throughout, including a beautifully renovated kitchen complete with a gas line for the stove, waterline for the fridge, and sliding patio doors leading directly to the backyard - perfect for seamless indoor-outdoor living and summer BBQs. The bathroom features a luxurious heated floor for added comfort. Additional upgrades include a finished rec room/home theatre (2019), shingles (2016), spray foam insulation in the basement (2017), and a furnace with owned water heater (2010). With its superb location, tasteful updates, and cozy charm, this Old North gem is a must-see. Some photos have been virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,124 |
| Lot Size | 34 ft x 180 ft |
| mls© Number | X13660292 |
| Listed By | RE/MAX ADVANTAGE REALTY LTD. |
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%
- $2,554
- Property tax
- $344
- Heat allowance
- $150
- Housing costs
- $3,048 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,100 / mo
- Cash down
- $99,800
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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