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New7 hours ago

61 Godfrey Drive

East D, London East

$499,900

Detached|Bungalow
3 | 2 | 6
About this home

Outstanding curb appeal and beautiful landscaping welcome you to this updated all-brick bungalow. Inside, a bright foyer leads to a spacious living room featuring hardwood floors, a gas fireplace, and a large front window that fills the space with natural light. The open living and dining areas are perfect for everyday living and entertaining, with patio doors leading to a large deck overlooking the fully fenced backyard and detached garage. The kitchen offers abundant maple cabinetry and generous counter space. The main floor also features 3 bedrooms with hardwood flooring, an updated 4-piece bathroom. The fully finished lower level offers excellent income or in-law suite potential with a separate entrance, fire- and sound-insulated separation from the main floor, a bright living room with an electric fireplace, full kitchen, laundry, two bedrooms, and a 3-piece bathroom. Major updates include all windows, interior and exterior doors, eavestroughs, fascia, soffits, concrete porch, garage door, electrical, plumbing, furnace, owned hot water tank, and the main sewer line-all replaced. Roof replaced in 2016. Ideally located just a 10-minute walk to Fanshawe College and close to shopping, restaurants, banks, pharmacies, public transit, and other amenities, this move-in-ready home is an exceptional opportunity for families, investors, or multi-generational living.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,095
Lot Size60.94 ft x 124.99 ft
mls© NumberX13730076
Listed ByMODERN SOLUTION REALTY 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%
$2,559
Property tax
$425
Heat allowance
$150
Housing costs
$3,133 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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