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$365,000
London East
563 South Street South, London East (East K), Ontario, N6B1C5
This 3-bedroom, 1-bathroom home in London East is for sale offering roughly 900 sq ft of space. Its $365,000 asking price sits right in line with the $365,000 median in London East. It has been on the market 44 days, fresher than the London East average of 86 days.
There's something easy to like about this little SoHo bungalow. With three bedrooms, one full bathroom, a comfortable living room and a surprisingly large dining room, the layout offers more space than you might expect. Whether you're hosting dinner, working from home or just want a little extra breathing room, there's plenty of flexibility here.The fenced backyard has room to relax, garden or let the dog run, with a patio area for summer evenings, a storage shed for all the extras and parking for two vehicles. It's a practical home with a manageable footprint and plenty of opportunity to make it your own over time. And then there's the neighbourhood. SoHo puts you close to downtown, transit, shopping, restaurants, the Thames River and everyday amenities, while the area itself continues to evolve. Major redevelopment of the former Victoria Hospital lands is well underway, bringing hundreds of new homes to the neighbourhood, with additional greenspace and public spaces planned as the area continues to grow. For first-time buyers, downsizers or anyone looking for an affordable way to get into a neighbourhood with a lot happening around it, this one is worth a look. Come see the space, picture what you'd do with it and decide if this little SoHo bungalow feels like home. (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.
Extended: 44 days on market, against an average age of 86 days across the listings currently for sale in this city
This 3-bed single family in London East (East K) has been listed for 44 days, which is 42 days fresher than the city average of 86. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $365,000, about 7.4× the local median household income of $49,200.
Carrying it typically needs a household income of about $71,297 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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