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East H, London East
$299,900
Welcome to 1622 Leonard Street, one heck of an opportunity for savvy buyers, investors, and first time owners alike. Those looking for a bright, clean, and incredibly versatile 2-bedroom bungalow, look no further! This one packs a massive punch! The main floor welcomes you with a sun-drenched living space, two comfortable bedrooms, a full bathroom, and a spacious, large kitchen perfect for your culinary adventures, while the ultimate game-changer awaits downstairs via a separate side entrance leading directly to a fully finished lower level that features a second kitchen, another full 3pc. bathroom, and two flexible rooms that could easily be converted into legal bedrooms to create the perfect in-law suite or mortgage helper. Equipped with low-maintenance vinyl windows and a detached single-car garage, the interior layout flows seamlessly into your own private outdoor oasis boasting a massive, tree-lined 185-foot-deep lot that backs right onto a peaceful greenspace with no rear neighbours, offering an unmatched combination of privacy, space, and rare lower-level potential that simply will not last long!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,370 |
| Lot Size | 40.54 ft x 185.68 ft |
| mls© Number | X14092302 |
| Listed By | SUTTON GROUP PREFERRED REALTY 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%
- $1,535
- Property tax
- $281
- Heat allowance
- $150
- Housing costs
- $1,966 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$60,000
gross annual household income
- Payment at 4%
- $1,262 / mo
- Cash down
- $59,980
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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