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East O, London East
$475,000
This well-maintained home sits on an impressive 412-foot-deep, fully fenced lot offering exceptional space and opportunity. The long single driveway easily accommodates multiple vehicles, trailers, or recreational toys, with ample room to build a future shop or detached garage if desired. The main level features a spacious primary bedroom, a second well-sized bedroom, a full 4-piece bath, and bright, comfortable living and dining areas that flow seamlessly into the kitchen - ideal for everyday living. A separate entrance provides added flexibility and excellent potential for an in-law suite or future income setup. The finished lower level expands your living space with a large rec room, a 3-piece bath with laundry, and a generous utility room offering outstanding storage options. Furnace and A/C (heat pump) updated in 2023 (rental). Conveniently located with quick access to Hwy 401, downtown London, and Fanshawe College, this property is close to banks, grocery stores, restaurants, gas stations, and everyday amenities. Nearby walking trails provide a peaceful escape from the hustle and bustle. A fantastic opportunity for homeowners and investors alike - offering space, versatility, and excellent value.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,085 |
| Lot Size | 40 ft x 412.5 ft |
| mls© Number | X13663542 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $2,431
- Property tax
- $257
- Heat allowance
- $150
- Housing costs
- $2,838 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,999 / mo
- Cash down
- $95,000
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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