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565 SOUTH STREET S, London East (East K) — listed at $324,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention investors, Builders and Contractors Renovators! Prime location, trendy growing area, solid potential, this bungalow is ready for your personal touch. The property is close to transit, amenities and downtown. Strong potential for rental with separate entrances. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making an additional Residential Unit at the back. Properties as is, where is. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 3.4429 x 2.92 meters |
| Bedroom 2 | Main level | 2.6 x 2.8 meters |
| Bedroom 3 | Main level | 2.43 x 2.71 meters |
| Bedroom 4 | Main level | 3.05 x 2.3 meters |
| Kitchen | Main level | 2.74 x 2.07 meters |
| Office | Main level | 2.07 x 1.98 meters |
| Bathroom | Main level | 2.37 x 1.52 meters |
| Bathroom | Main level | 1.82 x 3.05 meters |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is this a good starter home?+
At $324,999, this is priced in starter-home territory for London East (East K). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What's the parking situation?+
This property includes 2 spaces — No Garage.
Does it have a basement, and is it finished?+
The listing describes the basement as: Crawl space. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 565 SOUTH STREET S a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,012, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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