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$680,000
London East
1737 WAVELL Street, London East (East H), Ontario, N5W2E2
This 6-bedroom, 4-bathroom home in London East is for sale.
Attention First-Time Home Buyers & Investors!Don't miss this exceptional opportunity to own an impeccably maintained 4+3 bedroom legal bungalow with a separate side entrance to the fully finished lower level-ideal for extended family or rental income.It worked as a duplexThe main floor features a bright and functional kitchen, a spacious primary bedroom, three additional generously sized bedrooms, and a well-appointed 4-piece bathroom. One of the bedrooms provides direct access to a beautiful deck, perfect for enjoying your morning coffee or relaxing outdoors.The legal lower level offers excellent income potential with 3 spacious bedrooms, 2 full bathrooms, a large kitchen, and a dedicated laundry area with separate washer and dryer space, making it ideal for tenants or multi-generational living.Step outside to a generously sized backyard featuring a deck and a charming gazebo-perfect for entertaining family and friends or unwinding after a long day.Highlights: Legal 4+3 bedroom bungalow Separate side entrance to lower level Excellent rental potential with approximately $4,000/month in rental income Bright main-floor layout Finished lower level with separate living amenities Large backyard with deck and gazebo Community centre directly across the street Minutes from shopping, Argyle Mall, schools, parks, and other everyday amenitiesWhether you're a first-time buyer looking to offset your mortgage with rental income or an investor seeking a cash-flowing property, this home is an opportunity you won't want to miss! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 96 days on market, against an average age of 65 days across the listings currently for sale in this city
This 6-bed single family in London East (East H) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $680,000, about 10.5× the local median household income of $64,500.
Carrying it typically needs a household income of about $132,828 (20% down, 25-yr amortization, stress-tested) — roughly 106% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5W)
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Loading rates, 30-yr amortization
Cash Needed to Close
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