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    For Sale - 437 Charlotte Street, London East, Ontario

    Est payment $2,473/mo
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    Time on Jump  1 days

    AI Summary *

    • Fully renovated bungalow with separate units for multi-generational living or rental income.
    • Projected total rental income of $4,000/month with individual utilities for each unit.
    • Updated kitchens and modern bathrooms in both units make it truly turnkey.
    • Spacious den and durable vinyl flooring throughout both levels add functional living space.
    • Located near amenities and offers parking for 5 vehicles plus additional garage space.




    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 lowerunit 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.
    Listing IDX13103804
    Address437 Charlotte Street
    CityLondon East, Ontario
    Price$514,900
    Bed / Bath3 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Countertop Range, Primary Bedroom - Main Floor, Separate Hydro MeterOutdoor Features Landscaped, PrivacyAmenities Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  STREETCITY REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    437 Charlotte Street
    London East , Ontario
    3 2 $514,900
    Get more info