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East C, London East
$739,900
Excellent opportunity for investors, extended families, or buyers looking for a mortgage helper. Renovated in 2021 to include a legal secondary dwelling unit in a single-storey addition at the rear of the original bungalow, this versatile property offers two self-contained living spaces. Unit A occupies the entire original bungalow, providing the feel and privacy of a full house, with no unit above or below it. The spacious layout features three bedrooms and three full bathrooms, including a primary bedroom with ensuite. The finished basement provides additional living space with a recreation room, fourth bedroom, third four-piece bathroom, and private laundry. Unit B is located in the single-storey rear addition, offering convenient one-floor living with two bedrooms, its own kitchen and living area, private laundry, separate entrance, and private outdoor space. Unit B now has a signed lease commencing December 1. Each unit has its own washer and dryer, separate backyard space with a private deck, and separately metered gas and hydro. The property also features an oversized driveway providing ample parking. There are two separate gas meters, two separate hydro meters, and one water meter servicing the property. Excellent location just off Oxford Street and steps from Krupp Park, with public and Catholic schools, shopping, restaurants, grocery stores, public transit, and everyday amenities nearby. Convenient access to Highbury Avenue and Highway 401 makes this an ideal location for families, professionals, and investors alike.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,081 |
| Lot Size | 60 ft x 129.34 ft |
| mls© Number | X14027598 |
| Listed By | ROCK STAR REAL ESTATE 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%
- $3,787
- Property tax
- $590
- Heat allowance
- $150
- Housing costs
- $4,527 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$139,000
gross annual household income
- Payment at 4%
- $3,114 / mo
- Cash down
- $147,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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