Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 8 days ago

1235 Michael Street

East D, London East

$549,990

Detached|Bungalow
3 | 3 | 8
About this home

Attn, Investors or First Time Home Buyers! Welcome to this beautifully renovated all-brick bungalow in London's East D community, situated on an impressive 55 x 130 ft lot. The main level offers 3 bedrooms and 1 full bathroom, while the finished basement includes 4 additional rooms, 1 full bathroom, 1 powder room and convenient separate side-door entrance access.The bright main floor features updated flooring in select areas, new baseboards, modern pot lights and electrical fixtures, and a beautifully upgraded kitchen with quartz countertops, a new centre island, stylish backsplash, new tile flooring and extensive cabinetry. Patio doors lead to a freshly painted rear deck and a fully fenced, private backyard.The finished lower level offers exceptional flexibility for extended family or in-law suite, guests, home offices, recreation space or potential rental use and potentially generate rental income upto $2500 per month potentially (after the unit is legalized). Additional upgrades include fresh interior and exterior paint, stylish black-accented windows, gutters and downspouts, plus a fully refreshed black garage exterior, garage door and trim. The home also features a rare oversized double-car garage, a furnace installed in 2022, central air conditioning installed in 2023 and replacement windows approximately between five to ten years old.Conveniently located near Fanshawe College, neighbourhood schools, parks, community centres, shopping, restaurants, public transit, Highbury Avenue and Highway 401. A rare opportunity offering modern renovations, substantial living space, a large private lot, excellent parking and impressive lower-level potential.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,923
Lot Size55 ft x 130 ft
mls© NumberX13708780
Listed ByEXP 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%
$2,815
Property tax
$327
Heat allowance
$150
Housing costs
$3,292 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,998
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,998

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

Nearby listings

Comparable sales

  • No similar listings found.