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Listed 22 days ago

945 Colborne Street

East B, London East

$499,000

Detached|Bungalow
2 | 1 | 4
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,124
Lot Size34 ft x 180 ft
mls© NumberX13660292
Listed ByRE/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.

Down payment20% · $99,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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