$499,900
London East
125 Barker Street, London East (East C), Ontario, N5Y1X9
This 6-bedroom, 3-bathroom home in London East is for sale offering roughly 1,750 sq ft of space. Its $499,900 asking price sits right in line with the $488,000 median in London East. It has been on the market 2 days, fresher than the London East average of 44 days.
POTENTIAL, POTENTIAL, POTENTIAL! Incredible Income Opportunity with Endless Possibilities! Calling all investors, multi-generational families, and buyers looking for a property with fantastic income potential! This versatile home offers an abundance of space, flexibility, and opportunity! The main level features 4 generously sized bedrooms, a 4-piece bathroom, and a bright, open-concept living, dining, and kitchen area, creating a spacious and welcoming atmosphere for everyday living and entertaining. The lower level offers even more possibilities, featuring 2 additional bedrooms, a 3-piece bathroom, a second kitchen and living area, plus a separate entrance! This layout is ideal for extended family, in-law suite potential, or additional rental income. But wait, there's more! At the back of the property, you'll find a bonus bachelor-style space complete with its own separate entrance and 3-piece bathroom, providing yet another opportunity for flexible living arrangements or potential income! With 6 bedrooms, 3 bathrooms, multiple living spaces, 3 kitchens, and separate entrances, this property is bursting with possibilities! Close to UWO and Fanshawe, Carling Arena, shopping and restaurants. Whether you're looking to expand your investment portfolio, accommodate extended family, or explore multiple income streams, this property offers the space and versatility to make it happen. Live in one space, explore income potential from the others, or make the most of this unique investment opportunity! Don't miss your chance to unlock the potential of this one-of-a-kind property! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 days on market, against an average age of 44 days across the listings currently for sale in this city
This 6-bed single family in London East (East C) has been listed for 2 days, which is 42 days fresher than the city average of 44. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.9× the local median household income of $63,600.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.