297 HUNGERFORD Street, London East, ON N5W 6E3

About this property

This is the one you've been waiting for! Welcome to this charming, bright bungalow offering the perfect blend of family living and excellent income potential. With a fully finished lower level and an active City of London rental license already in place, this home is an ideal opportunity for first-time buyers, families, or investors looking to offset their mortgage with rental income. Imagine enjoying your own private living space upstairs in a peaceful, quiet neighborhood while the lower-level rental income helps with the mortgage. It's a smart way to make homeownership more affordable! The main floor features a living room with beautiful hardwood flooring, which continues through the hallway and all 3 spacious bedrms , complemented by a full bathroom. The functional kitchen features a convenient breakfast-bar peninsula and a comfortable eat-in area overlooking a large bay window. Downstairs through the separate side entrance and discover an impressive, fully finished lower level designed with flexibility and functionality in mind. The lower level features a full kitchen, comfortable living room, two additional bedrm, a study room, and a full bath. Whether you choose to use it as a licensed rental suite, space for extended family, or simply additional living space, the possibilities are excellent. Upgrades just to name few fiberglass shingles were replaced in 2013 , furnace (2026), owned tankless water heater (TWH), energy efficiency while eliminating monthly rental costs. Fully fenced backyard backing onto mature trees with no neighbors directly behind you. Parking for 4 cars and a generous 12 ft. x 8 ft. storage room. Located within walking distance to places of worship, trails, public transit, and everyday amenities. Whether you're purchasing your first home, looking for a property with rental income, or searching for a solid investment opportunity, this bungalow checks all the right boxes at a very attractive price point.

Property facts & features

Property type

Detached

MLS® number

X13785650

Source status

New

Bedrooms

5

Bathrooms

2

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N5W 6E3

Parking spaces

4

Garage

None

Lot depth (source units)

88.32

Annual property tax

3437

Basement

Finished, Full

Laundry

Not provided

Interior features

Solar Tube, Sump Pump

Exterior features

Deck, Porch, Backs On Green Belt, Privacy

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

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Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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