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Listed 28 days ago

188 William Street

East K, London East

$299,900

Detached|Bungalow
3 | 1 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,055
Lot Size38.5 ft x 99 ft
mls© NumberX13815052
Listed ByCENTURY 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.

Down payment20% · $59,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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