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East C, London East
$507,500
Investor Alert! Brick Bungalow with Separate Lower-Level Entrance on a 54' x 230' Lot. This well-located brick bungalow offers excellent flexibility for investors, first-time buyers, or those looking for additional living space. Situated on a generous 54' x 230' fully fenced, park-like lot. The main level offers three bedrooms, a four-piece bathroom, and a spacious living room and dining area. The lower level includes two additional bedrooms, a three-piece bathroom, and a kitchen/living area, providing potential for a secondary living space or rental arrangement. Located along bus routes providing convenient access to Fanshawe College, Western University, and Downtown London, with a playground and schools directly nearby at Flanders Park. The property is also close to shopping, amenities, and Highway 401 access. With its large lot, separate lower-level access, and proximity to major educational institutions and amenities, this property offers a variety of possibilities - whether you're looking to live in the home, create a multi-generational setup, or explore its potential as an investment property. **Property is being sold in "as is, where is" condition with no representations or warranties by the Seller.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,543 |
| Lot Size | 54.33 ft x 229.68 ft |
| mls© Number | X13868442 |
| Listed By | CENTURY 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%
- $2,598
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $3,126 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
gross annual household income
- Payment at 4%
- $2,136 / mo
- Cash down
- $101,500
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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