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$524,900
Ontario,London East (East G)
For Sale Active
437 CHARLOTTE STREET, London East (East G), Ontario N5W4A5
  • 3
  • 2
  • 1100 - 1500Square Feet
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12605046
  • Price: $524,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1100 - 1500 Sqft
  • Status: Active
  • Office Name: STREETCITY REALTY INC.
  • Property Sub Type: Single Family
  • Office Key: 168772
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Full
  • Parking: Detached Garage, Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick, Vinyl siding
  • Flooring: Vinyl
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
  • Fireplaces Total: 2
Address Map
  • Location: CA, Ontario, London East (East G), N5W4A5
  • Street: Charlotte
  • Street Number: 437
  • Street Suffix: Street
  • Longitude: W82° 46' 56.1''
  • Latitude: N42° 59' 37.4''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Size Dimensions: 46.1 x 147.5 FT ; 147.42 ft x 46.07 ft x 147.46 ft x 46.12
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3193
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Listing updated: 2025-12-12 13:22:27
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Listing Information
  • List Agent Key: 2108328
  • List Office Key: 168772
  • Modification Timestamp: 2025-12-08T13:10:32Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-12-08T12:52:22Z
Powered by REALTOR.ca
Listing updated: 2025-12-12 13:22:28
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