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297 HUNGERFORD Street, London East, ON N5W 6E3

London East, N5W 6E3

$578,000
5
Bedrooms
2
Bathrooms

About This Home

This is the one you've been waiting for! Welcome to this charming, bright bungalow offering the perfect blend of family living and excellent income potential. With a fully finished lower level and an active City of London rental license already in place, this home is an ideal opportunity for first-time buyers, families, or investors looking to offset their mortgage with rental income. Imagine enjoying your own private living space upstairs in a peaceful, quiet neighborhood while the lower-level rental income helps with the mortgage. It's a smart way to make homeownership more affordable! The main floor features a living room with beautiful hardwood flooring, which continues through the hallway and all 3 spacious bedrms , complemented by a full bathroom. The functional kitchen features a convenient breakfast-bar peninsula and a comfortable eat-in area overlooking a large bay window. Downstairs through the separate side entrance and discover an impressive, fully finished lower level designed with flexibility and functionality in mind. The lower level features a full kitchen, comfortable living room, two additional bedrm, a study room, and a full bath. Whether you choose to use it as a licensed rental suite, space for extended family, or simply additional living space, the possibilities are excellent. Upgrades just to name few fiberglass shingles were replaced in 2013 , furnace (2026), owned tankless water heater (TWH), energy efficiency while eliminating monthly rental costs. Fully fenced backyard backing onto mature trees with no neighbors directly behind you. Parking for 4 cars and a generous 12 ft. x 8 ft. storage room. Located within walking distance to places of worship, trails, public transit, and everyday amenities. Whether you're purchasing your first home, looking for a property with rental income, or searching for a solid investment opportunity, this bungalow checks all the right boxes at a very attractive price point.

Facts & Features

MLS® Number X13785650
Price $578,000
Property Type Detached
Style Bungalow
Bedrooms 3 above grade, 2 below grade
Bathrooms 2
Parking Total 4
Annual Property Taxes $3,437
City London East
Listing Brokerage RE/MAX CENTRE CITY REALTY INC.

Listing History

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Location

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Based on this home's list price of $578,000.

20.0% down payment

Estimated Monthly Payment
$0
Principal & interest only. Does not include property tax, insurance, or CMHC premiums.

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of RE/MAX CENTRE CITY REALTY INC.. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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297 HUNGERFORD Street, London East, ON N5W 6E3

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