$455,000
Est. payment $2,015/moCalculate yours
348 Winnipeg Boulevard, London East, ON N5W 4V2
East, London, ON N5W 4V2
- 3 + 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of THE REALTY FIRM INC. MLS® X13682712
About this home
An exceptional investment or multi-generational family home in London’s highly sought-after Argyle neighborhood! This all-brick bungalow offers incredible income potential or space for extended family, featuring 3 bright and spacious main-floor bedrooms with a modern 4-piece bath, alongside a fully finished basement boasting 3 additional versatile rooms and a second full bathroom. The main level welcomes you with a sun-filled, west-facing living room and an inviting eat-in kitchen, all situated on a premium, fully fenced, mature lot. Perfect for multi-tenant use or hosting guests, the oversized driveway easily accommodates up to 6 cars. Positioned in a prime rental location just 2.6 km (a quick 5-minute drive) from Fanshawe College, with a convenient transit stop right at your doorstep, this cash-flowing property is currently generating $3,300/month. Whether you are looking to house hack or add a turn-key asset to your portfolio, this versatile home represents an unmatched opportunity in today’s market. Some of the pictures are virtually staged.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 62.66 x 120.3 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $2,950 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Between Dundas and Wavell
- Direction Faces
- West
Listing
- MLS® Number
- X13682712
- Days on Market
- 64
- Listed On
- 2026-08-15
- Possession
- 45 to 60 days
- Listed By
- THE REALTY FIRM INC.
Rooms
Features
Interior
- Water Heater Owned
Pool
- None
- Included
- Fridge, Stove, Washer & Dryer, dishwasher and Window Coverings, GARDEN SHED
- Excluded
- none
- Rental items
- none
Mortgage calculator
Estimated mortgage payment
$2,015 per month
- Principal and interest
- $2,015
- Property tax
- $246
- Condo fees
- $0
- Estimated monthly cost
- $2,260
Your mortgage
- Mortgage amount
- $364,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $240,392
Cash to close
- Down payment
- $91,000
- Land transfer tax
- $5,575
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $96,575
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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