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East K, London East
$299,900
Welcome to 188 William Street, a charming bungalow nestled in the heart of London's vibrant SOHO neighbourhood. This 3 bedroom, 1 bathroom home offers a fantastic opportunity for first time buyers, investors, or anyone looking for a centrally located property with future development potential. Recently updated and move in ready, the home features a brand new kitchen completed in 2026, new vinyl flooring completed in 2026, and professionally cleaned ductwork. Important mechanical updates were also completed in 2014, including the shingles, furnace, and air conditioning. Step outside and enjoy the expansive backyard, offering plenty of space to relax, entertain, garden, or explore future possibilities. The location is equally impressive, just a short walk from Meredith Park, where you can enjoy some of London's finest tennis courts and beautifully maintained green space. Conveniently situated close to downtown, shopping, dining, transit, schools, parks, and many of London's amenities, 188 William Street offers the perfect combination of affordability, updates, outdoor space, and location. Offered at under $300,000, this is an exceptional opportunity to own a home in a vibrant and evolving neighbourhood. Whether you are looking to get into the market, add to your investment portfolio, or secure a property with future potential, this one is worth a closer look. Don't miss your opportunity to make 188 William Street your own!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,055 |
| Lot Size | 38.5 ft x 99 ft |
| mls© Number | X13815052 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN 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%
- $1,535
- Property tax
- $171
- Heat allowance
- $150
- Housing costs
- $1,856 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$57,000
gross annual household income
- Payment at 4%
- $1,262 / mo
- Cash down
- $59,980
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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