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New7 days ago

149 Manitoulin Drive

East O, London East

$685,000

Detached|Bungalow
3 | 2 | 5
About this home

Welcome to 149 Manitoulin Drive, a beautifully maintained and thoughtfully updated bungalow in the mature, family-friendly Fairmont neighbourhood. Proudly cared for by the same owners since 1992, this home offers a wonderful combination of functional living space, quality updates and an exceptional backyard retreat. The inviting exterior features a spacious driveway, extended front porch and attached garage with convenient inside entry and a separate man door to the backyard. Inside, the bright main floor offers three generous bedrooms, an updated full bathroom with a walk-in shower & front facing living room with ample natural light. The beautifully updated kitchen features stainless steel appliances, large island, a farmhouse sink overlooking the backyard & an addition that creates a spacious dining area, a rare feature for homes in this neighbourhood. Complete with a cozy gas fireplace & patio doors leading to the covered gazebo, this space is ideal for everyday living & entertaining. Your very own private backyard oasis, surrounded by mature trees, an in-ground pool, covered gazebo & a pool bar with a metal roof & power. The finished lower level provides additional living space, a second updated full bathroom, potential for a fourth bedroom by just adding an egress window and a separate laundry room complete with newer flooring, a laundry sink and ample storage. Meticulously maintained over the years, the home offers numerous significant improvements, including a steel roof, updated windows, sprinkler irrigation system, freshly painted throughout, kitchen & bathrooms, with many of the major expenses already taken care of. Ideally located close to parks, walking trails, schools, shopping & everyday amenities, with easy highway access, this is a fantastic opportunity to own a well-cared-for home in an established neighbourhood. After more than three decades with the same family, it's easy to see why they've called 149 Manitoulin Drive home for as long as they did.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,141
Lot Size60 ft x 110 ft
mls© NumberX13996606
Listed ByKELLER WILLIAMS LIFESTYLES

Listing History

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  • 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%
$3,506
Property tax
$345
Heat allowance
$150
Housing costs
$4,001 / mo

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

Down payment20% · $137,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,883 / mo
Cash down
$137,000

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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