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Listed 21 days ago

151 Hale Street

East O, London East

$475,000

Detached|Bungalow
2 | 2 | 5
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,085
Lot Size40 ft x 412.5 ft
mls© NumberX13663542
Listed ByRIGHT 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.

Down payment20% · $95,000
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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