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East O, London East
$439,900
Nestled in the quiet and sought-after neighbourhood of Fairmont in East London, is a charming 1 1/2 Storey home sitting on an impressive double lot, that offers endless possibilities for families, first-time home buyers, or investors alike! Welcome to 40 Magee Street.... From the moment you arrive, take in the spacious 4-car driveway, mature surroundings, and show stopping curb appeal! Step inside to discover so much more... With a bright and functional layout featuring an expansive living room, inviting kitchen, 3 well-appointed bedrooms - with the primary bedroom being on the main floor, and a 4-piece bathroom. The lower level is a blank canvas awaiting your personal touch! With additional living space, this offers plenty of room for a recreation area, home office, gym, or future customization to suit your needs. This beautiful home offers many thoughtful upgrades! With a new roof (2025), newer A/C and Furnace (2022), as well as your hot water tank that is owned (2024), you can move in with ease knowing all your big ticket items are covered. Outside, 40 Magee truly stands out among the rest! The expansive backyard offers endless opportunities to entertain, garden, or simply relax while enjoying the extra space that a double lot provides. You also have a large shed, perfect for storing all your gardening equipment! Conveniently located close to parks, schools, shopping, public transit, and everyday amenities, this home is full of potential in a fantastic location. Don't miss your opportunity to make it yours- don't delay, book your showing today!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,733 |
| Lot Size | 60 ft x 132 ft |
| mls© Number | X13697274 |
| Listed By | KELLER WILLIAMS LIFESTYLES |
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%
- $2,252
- Property tax
- $228
- Heat allowance
- $150
- Housing costs
- $2,629 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $1,851 / mo
- Cash down
- $87,980
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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