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$475,000
London East
1169 Oxford Street East, London East (East G), Ontario, N5Y3L7
This 3-bedroom, 3-bathroom home in London East is for sale offering roughly 900 sq ft of space. Its $475,000 asking price sits right in line with the $469,900 median in London East. It has been on the market 2 days, fresher than the London East average of 70 days.
Calling all visionary buyers and savvy investors! This property offers a fantastic opportunity for an eager investor. Its a golden opportunity brimming with potential, with OC5 and ASA3 zoning, this property offers incredible flexibility, strategically situated near Fanshawe College, major shopping centers, and convenient bus routes. The main floor of this bungalow presents three well-sized bedrooms, a four-piece bathroom, living room with gas fireplace and a dining area just off the kitchen. Recent upgrades include a new furnace (2020), enhanced spray foam insulation along with all newer windows in the lower level and in all bedrooms. This is more than just a home; it's a smart investment in a thriving community. Whether you're looking to upgrade the home and make it a great family residence with future income potential or a turnkey student rental conversion project, and the lower level is already equipped with two distinct Kitchen areas, two bathrooms and separate entrances, this London bungalow offers a truly unbeatable opportunity. Bring your vision to life and transform this space into your dream family haven or a high-yield income property the possibilities are endless! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 70 days across the listings currently for sale in this city
This 3-bed single family in London East (East G) has been listed for 2 days, which is 68 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $475,000, about 7.5× the local median household income of $63,600.
Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.