368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
437 Charlotte Street, London East, ON N5W 4A5
$524,900
  • Sale
  • Detached
  • 23 hours ago
  • Updated: 2026-03-02

Overview

  • Detached
  • 2 + 1
  • 2
  • Detached/4
  • 1100-1500
  • N/A

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 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.

Details

  • X12832728
  • Detached/4
  • $524,900
  • Vacant
  • None
  • 1 + 1
  • Bungalow
  • 2 + 1
  • 2
  • 1100-1500 Sqft
  • N/A N/A
  • N/A
  • Detached
  • Sale

Additional details

  • Forced Air / Gas
  • $2901.46
  • 2025
  • LOT 3 WEST OF CHARLOTTE STREET PLAN 316 (3RD) LONDON
  • N/A
  • N
  • Full
  • 1
  • None
  • Landscaped,Privacy
  • Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School
  • Municipal

Rooms

FoyerMain Level2 x 2.55
Family RoomMain Level4.27 x 3.6
Dining RoomMain Level3.27 x 4.27
KitchenMain Level3.03 x 3.4
BedroomMain Level3.04 x 3.58
BedroomMain Level2.6 x 4.17
BathroomMain Level1.84 x 2.01
DenUpper Level3.67 x 7.31
FoyerMain Level1.91 x 3.83
LaundryBasement Level2.61 x 4.18
Family RoomBasement Level2.93 x 4.51
KitchenBasement Level2.52 x 3.65
Dining RoomBasement Level3.35 x 2.17
BedroomBasement Level2.95 x 4.11
BathroomBasement Level2.26 x 1.5

Schools Nearby

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FAQ

  • What is the total square footage of the X12832728 - 437 Charlotte Street, London East, ON N5W 4A5?

    The total square footage of this property is 1100-1500 SqFt.

  • What schools near to X12832728 - 437 Charlotte Street, London East, ON N5W 4A5?

    .

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