Property Information:

Calling all investors and first-time home buyers! Don't miss this income-generating bungalow offering the perfect opportunity to build equity while keeping your monthly costs down. Live on the main floor and rent out the fully finished lower level to help offset your mortgage or add this positive cash flow potential property to your investment portfolio. Built in 2010, this well-maintained home features 2+2 bedrooms, 2 kitchens, and a separate entrance to the basement. The bright main floor offers an open-concept living and dining area, large windows that fill the space with natural light, and two spacious bedrooms. The lower level is complete with 2 bedrooms, a second kitchen, and its own living space, making it ideal for tenants, extended family, or multi-generational living. Outside, enjoy a fully fenced backyard and parking for 2 vehicles. Conveniently located in East London, you're just minutes from shopping, restaurants, cafes, the Western Fair Farmers' Market, public transit, and have quick access to Highway 401. Whether you're looking for your first home with a mortgage helper or a smart addition to your investment portfolio, this property offers income potential, flexibility, and outstanding value. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Vinyl siding
Floor Space: 700 - 1100 sqft
Flooring Type: Laminate
Foundation Type: Unknown
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dryer, Two stoves, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2+2
Bathrooms: 2
Amenities Nearby: Public Transit, Park
Features: Carpet Free
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 75.2 Feet
Lot Frontage: 38 Feet
Lot Size: 38 x 75.3 FT
Zoning: R2-2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 2

Rooms:

3rd Bedroom Basement Level 3.43 m x 2.67 m
4th Bedroom Basement Level 4.60 m x 3.15 m
Recreation Room Basement Level 4.65 m x 3.40 m
Living Main Level 4.88 m x 3.66 m
Kitchen Main Level 2.74 m x 2.74 m
Dining Main Level 2.74 m x 2.13 m
Primary Bedroom Main Level 3.86 m x 3.35 m
2nd Bedroom Main Level 3.58 m x 2.90 m

Convert Measurement to:

Courtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INC

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Demographic Information of 434 EGERTON STREET, London East (East M), Ontario, N5W 3Z4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$63,468.68

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.58 %

High school certificate or equivalent

38.79 %

Apprenticeship trade certificate/diploma

4.25 %

College/non-university certificate

21.31 %

University certificate (below bachelor)

1.6 %

University Degree

15.47 %

Commuter

Travel To Work

By Car

76.63 %

By Public Transit

16.16 %

By Walking

4.92 %

By Bicycle

0.0 %

By Other Methods

2.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.19 %

Houses

43.81 %

434 EGERTON STREET, London East (East M), Ontario, N5W 3Z4