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Listed 18 days ago

283 Spruce Street

East H, London East

$549,900

Detached|Bungalow
3 | 2 | 6
About this home

Steps from an elementary school and minutes from shopping, amenities, Fanshawe College and highway access, this 3-bedroom, 2-bathroom raised ranch offers the space, location and extras that are hard to find at this price. Step inside to a bright living room that flows into the dining area and kitchen, both overlooking the large, park-like backyard. Hardwood flooring runs throughout the main level, with three bedrooms and a 3-piece bathroom tucked away from the main living space. Downstairs, a huge rec room, second bathroom and additional rooms offer plenty of flexibility for a home office, playroom, guest space, hobby room or teen retreat. Outside, enjoy a large sundeck overlooking the above-ground saltwater pool and expansive backyard, perfect for summer BBQs, pool days and bonfires. The pool features a new liner from 2025 and new salt cell from 2026. A gas stove and gas BBQ hookup add even more convenience. The impressive 40' x 15' garage doubles as a heated workshop, while the driveway offers parking for four more vehicles/space that can accommodate an RV. With 3 bedrooms, 2 bathrooms, a huge rec room, park-like backyard, saltwater pool, loads of parking and a dream workshop - you simply won't find all of this for the price!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$3,537
Lot Size63.25 ft x 209 ft
mls© NumberX13851770
Listed ByCENTURY 21 FIRST CANADIAN CORP

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
$295
Heat allowance
$150
Housing costs
$3,259 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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