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East H, London East
$455,000
An exceptional investment or multi-generational family home in London's highly sought-after Argyle neighborhood! This all-brick bungalow offers incredible income potential or space for extended family, featuring 3 bright and spacious main-floor bedrooms with a modern 4-piece bath, alongside a fully finished basement boasting 3 additional versatile rooms and a second full bathroom. The main level welcomes you with a sun-filled, west-facing living room and an inviting eat-in kitchen, all situated on a premium, fully fenced, mature lot. Perfect for multi-tenant use or hosting guests, the oversized driveway easily accommodates up to 6 cars. Positioned in a prime rental location just 2.6 km (a quick 5-minute drive) from Fanshawe College, with a convenient transit stop right at your doorstep, this cash-flowing property is currently generating $3,300/month. Whether you are looking to house hack or add a turn-key asset to your portfolio, this versatile home represents an unmatched opportunity in today's market. Some of the pictures are virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,950 |
| Lot Size | 62.66 ft x 120.3 ft |
| mls© Number | X13682712 |
| Listed By | THE REALTY FIRM INC. |
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%
- $2,329
- Property tax
- $246
- Heat allowance
- $150
- Housing costs
- $2,725 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,915 / mo
- Cash down
- $91,000
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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