437 Charlotte Street London East, Ontario N5W 4A5

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Bungalow Fireplace None Forced Air Landscaped

$524,900

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:38414)

Open House

This property has open houses!

December
6
Saturday
Starts at:

2:00 pm

Ends at:

4:00 pm

December
7
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

Property Details

MLS® Number X12605046
Property Type Single Family
Community Name East G
Amenities Near By Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater - Electric, Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater - Electric, Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Amenities Separate Electricity Meters
Appliances Range, All, Dryer, Microwave, Two Stoves, Two Washers, Two Refrigerators
Architectural Style Bungalow
Basement Type Full
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fireplace Present Yes
Fireplace Total 2
Flooring Type Vinyl
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Schools
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 147 Ft ,6 In
Size Frontage 46 Ft ,1 In
Size Irregular 46.1 X 147.5 Ft ; 147.42 Ft X 46.07 Ft X 147.46 Ft X 46.12
Size Total Text 46.1 X 147.5 Ft ; 147.42 Ft X 46.07 Ft X 147.46 Ft X 46.12

Rooms

Level Type Dimensions
Basement Family Room 4.51 m x 2.93 m
Basement Kitchen 3.65 m x 2.52 m
Basement Dining Room 2.17 m x 3.35 m
Basement Bedroom 4.11 m x 2.95 m
Basement Bathroom 1.5 m x 2.26 m
Basement Laundry Room 4.18 m x 2.61 m
Main Level Foyer 2.55 m x 2 m
Main Level Family Room 3.6 m x 4.27 m
Main Level Dining Room 4.27 m x 3.27 m
Main Level Kitchen 3.4 m x 3.03 m
Main Level Bedroom 3.58 m x 3.04 m
Main Level Bedroom 4.17 m x 2.6 m
Main Level Bathroom 2.01 m x 1.84 m
Main Level Foyer 3.83 m x 1.91 m
Upper Level Den 7.31 m x 3.67 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found

 

Powered by: REALTOR.ca
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


December 05 2025 07:53:04

London and St. Thomas Association of REALTORS®

Streetcity Realty Inc.

RealtyPress WordPress CREA DDF® Plugin