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Listed 19 days ago

1053 Frances Street

East M, London East

$349,900

Detached|Bungalow
2 | 2 | 2
About this home

Wow, hold the press!!! An adorable house like this for under 350K, what a deal. We have a very motivated seller and have an appraisal from June 2026 at 400K in "as is" condition. This adorable, 2-bedroom, 2 full bath house in Old East Village has outstanding charm, sure to captivate and a huge private backyard. Spacious kitchen has a gas countertop range, lots of cupboards and leads to the main floor laundry, 3-piece bathroom and patio doors to a large deck. Huge backyard with side ramp leading up to the deck, perfect for those with mobility issues, plus garden shed and fire pit. Parking for 2 cars and a private front porch. Basement has a workshop, plenty of cabinets, large utility room, and open area, perfect for rec room plus a pool table. Located on a quiet street, within walking distance of 100 Kellogg Lane, one of Canada's premier entertainment districts. Perfect home for first time homebuyers or looking to downsize.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,380
Lot Size41.25 ft x 132 ft
mls© NumberX13851022
Listed ByRIGHT AT HOME 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%
$1,791
Property tax
$198
Heat allowance
$150
Housing costs
$2,139 / mo

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

Down payment20% · $69,980
25-yr amortization

Income needed

$66,000

gross annual household income

Payment at 4%
$1,472 / mo
Cash down
$69,980

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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