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London, ON, N5W4A5 • East London • Middlesex County
Down payment assistance available
3Beds
2Baths
0.16 acLot
Bungalow Style
Bungalow architecture
Garage
Private
This home is getting attention
Listed 38 days ago · 28 views
Demand and pricing signals for this listing
28 views
People checking out this listing
38 days on market
Established listing
This home ranks in the top 21% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family
Fully renovated in 2024, this spacious detached bungalow with separate units offers a strong investment opportunity and excellent flexibility for multi-generational living or owner-occupied rental income. Recent updates include a new roof, North Star windows, flooring, furnace, siding, quartz countertops, new doors and trims, updated kitchens on both levels, and modern bathrooms with new vanities, making this a truly turnkey property. Configured as a legal duplex-style setup, the property has a projected income of $4,000/month in total rental income: the main unit can rent for $2,400/month plus utilities, and the lower unit can rent for $1,600/month with heat included and hydro separate. Each unit features its own kitchen, full bathroom, separate hydro/water/gas, individual laundry, and its own fireplace. A spacious den on the upper level adds even more functional living space, while durable vinyl flooring runs throughout both levels. Outside, the property offers parking for 5 large vehicles plus an additional garage space-rare for the area. Located within walking distance to the Hard Rock Hotel, Tim Hortons, Western Fair District, and nearby amenities, this location provides strong rental appeal and convenience. Whether you are an investor seeking a cash-flowing asset with an approx. 8.15% CAP rate, or a family looking for separate living spaces, this renovated bungalow delivers long-term value, versatility, and income potential. For those looking to offset living costs, this property is also an ideal live-in investment. You can comfortably reside in one unit while renting out the other to significantly reduce monthly expenses. With current market rents, the second unit can cover a substantial portion of the mortgage, utilities, and other household bills, making this home an excellent option for first-time buyers, downsizers, or families seeking affordability without compromising space or privacy.
Standout features identified
Our analysis highlights spacious detached bungalow, separate units, and new roof as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $419,920 loan
Full calculator →Key facts and listing details
10 categories of property features
15 rooms detailed
Bedroom
MainBedroom
MainBedroom
BasementBathroom
MainBathroom
BasementDen
UpperMarket data and value estimates
London, ON, N5W4A5
Local context around this listing
London, ON • Middlesex County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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