$399,000

For sale

67 Hyla Street, London East (East M) - Single Family for Sale

67 Hyla Street, London East (East M), Ontario, N5Z2L1

3 beds3 baths2 parking1,300 ft²30 × 166 ft (4,971 sq ft) lot sizeListed 15 days ago

Overview

This 3-bedroom, 3-bathroom home in London East is for sale offering roughly 1,300 sq ft of space. Listed at $399,000, it is attractively priced about 8% below the $435,000 median asking price in London East. It has been on the market 15 days, fresher than the London East average of 56 days.

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Description

This Property's R2-2 Zoning (Duplex permitted) provides a Great Opportunity for Investors, Owners requiring a mortgage helper (separate unit), or Families looking to grow! This 3-Bedroom, 3-Bathroom home has been well cared for and upgraded over the years...Main Floor offers a Foyer, Bright and Large Dining & Living Rooms, Updated Eat-In Kitchen & 4pc Bathroom with Laundry. Upper Level has 3 Bedrooms and another 4pc Bathroom. Lower Level has a Separate Exterior Entrance (along with interior access depending on use), 3pc Bathroom, Large Living Area with roughed in Kitchen and Bonus Room (can be legal Bedroom with a few minor alterations). Do to updated zoning rules this can be a legal duplex without zoning or variance changes if it adheres to current by-laws/safety codes etc but is currently not used as such. Large Covered Porch, Front Driveway, Rear Deck, Large Fully Fenced Yard with Shed complete this great property! UPDATES INCLUDE: Kitchen, Some Lower Level Finishes, Replacement Windows, Roof, Soffit Eaves & Fascia, Flooring, Lighting, 100 amp panel, Paint, Front Door, Rear Fencing etc. (id:66096)

Property Details

MLS®: X14099176
Property Type: Single Family
Zoning: R2-2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 30 × 166 ft (4,971 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,299.4/yr
Listed

Rooms

Main level

Library: 4.01 x 3.51 meters
Dining room: 4.93 x 3.35 meters
Other: 4.44 x 2.9 meters

Second level

Primary Bedroom: 3.66 x 2.82 meters
Bedroom: 2.92 x 2.82 meters
Bedroom: 3.12 x 2.31 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

London East (East M) listings, avg age

56d

Price / ft²

$307

List price

$399K

Haho

This 3-bed single family in London East (East M) has been listed for 15 days, which is 41 days fresher than the city average of 56. Act while there is still low competition.

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Listed by SUTTON GROUP - SELECT REALTY · MARK GORDON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $399,000, about 6.2× the local median household income of $64,500.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$399,000· $307/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$275/mo

Total monthly$2,376

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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