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Opportunity Knocks! Sweat Equity Potential for First-Time Buyers or Savvy Investors Unlock the potential in this charming 2-bedroom, 1.5-bath bungalow, nestled on nearly a quarter-acre of land in a prime location. Whether you're a first-time home buyer looking to build equity, a retiree downsizing with room to tinker, or an investor seeking solid rental income,this property delivers!The home offers a functional layout with a spacious kitchen featuring a gas stove and plenty of cupboard space. Two generously sized bedrooms one with attic access for extra storage, and a 4-piece bathroom with main floor laundry add to the convenience. A cozy living room is perfect for movie nights, while the front room is ideal as a home office or reading nook. Downstairs, the spray-foamed lower level (with lower ceilings) offers space for a playroom, hobby area, or additional storage, plus a 2-piece bathroom. But here's where the value really shines the oversized two-car garage/workshop is a dream for woodworkers, mechanics, or potential renters. With two driveways and parking for up to 8 vehicles, there's space for tenants, guests, or extra toys. Outside, enjoy a covered patio, fully fenced backyard, and above-ground pool (approx. 6 years old) plus two storage sheds for tools and gear. This property offers the perfect canvas for updates and improvements, making it a smart investment for those willing to roll up their sleeves and build equity. With potential to rent both the house and garage separately, this is a must-see opportunity in todays market!
Fridge, stove, washer, dryer, dishwasher in as is condition
City: London East
Neighborhood: East H
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 19, 2025 | 17 | $399,000 | N/A | Terminated | X12415900 |
Purchase Price | $399000 |
Down Payment | $79800 |
Mortgage Insurance | $0 |
Total Mortgage | $319200 |
Mortgage Payment | $1967 |
Property Taxes | $212 |
Maintenance Fees | $0 |
Monthly Payment | $2179 |
Sold Comparables homes near 244 Vancouver St, London East
Located at 244 Vancouver St , this London East house is available for sale. This property was listed for $399,000 on Mon Oct 06 2025. This house's size is 700-1100 Sqft. It has 2 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Living, Office, Primary, 2nd Br, Bathroom, Bathroom. This property comes with 10 parking spots. 244 Vancouver St, London East is situated in the East H neighbourhood.
MLS#: X12446514 · $399,000 · 2 bedroom house in East H, London East