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$524,900
Available - For Sale
Listing ID: X12605046
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 it 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.
Price $524,900
Taxes: $3,193
Occupancy by: Vacant
Address: 437 Charlotte Street , London East, N5W 4A5, Middlesex
Directions/Cross Streets: Charlotte St / Dundas St
Rooms: 8
Rooms +: 7
Bedrooms: 2
Bedrooms +: 1
Washrooms: 2
Family Room: T
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 8.36 6.56 Vinyl Floor
Room 2: Main Family Ro 11.81 14.01 Vinyl Floor
Room 3: Main Dining Ro 14.01 10.73 Vinyl Floor
Room 4: Main Kitchen 11.15 9.94 Vinyl Floor
Room 5: Main Bedroom 11.74 9.97 Vinyl Floor
Room 6: Main Bedroom 13.68 8.53 Vinyl Floor
Room 7: Main Bathroom 6.59 6.04 Vinyl Floor
Room 8: Upper Den 23.98 12.04 Vinyl Floor
Room 9: Main Foyer 12.56 6.26 Vinyl Floor
Room 10: Basement Laundry 13.71 8.56 Vinyl Floor
Room 11: Basement Family Ro 14.79 9.61 Vinyl Floor
Room 12: Basement Kitchen 11.97 8.27 Vinyl Floor
Room 13: Basement Dining Ro 7.12 10.99 Vinyl Floor
Room 14: Basement Bedroom 13.48 9.68 Vinyl Floor
Room 15: Basement Bathroom 4.92 7.41 Vinyl Floor
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1100-1500
Property Features: Library
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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STREETCITY REALTY INC.

437 Charlotte Street , London East, N5W 4A5, Middlesex

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East G
Style: Bungalow
Lot Size: x 147.46(Feet)
Approximate Age:
Tax: $3,193
Maintenance Fee: $0
Beds: 2+1
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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