$524,999
↓ $24,001 from $549,000
Est. payment $2,325/moCalculate yours
1519 Howland Avenue, London East, ON N5V 1W8
East, London, ON N5V 1W8
- 3 + 3 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of EXP REALTY MLS® X13454130
About this home
Welcome to 1519 Howland Ave, a prime opportunity for invesmtent with the upper three bedroom level newly leased with additonal steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. A well suited opportunity for investors and a great option for multi-generational families! With both units rented this property is garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The upper unitThe prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten vehicles. This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding areas. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 3
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Apartment, Finished, Full, Walk-Out, Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 57 x 134 Feet
- Parking
- None garage · 10 total
- Zoning
- R1-6
Financial
- Property Taxes
- $4,157 (2026)
Location
- Neighbourhood
- East
- Cross Street
- First St & Howland Ave
- Direction Faces
- South
Listing
- MLS® Number
- X13454130
- Days on Market
- 124
- Listed On
- 2026-06-16
- Possession
- Immediate Possible / Flexible
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Accessory Apartment
- In-Law Suite
- Primary Bedroom - Main Floor
- Floor Drain
- Carpet Free
- Water Heater Owned
Property
- Public Transit
- School Bus Route
- School
- Park
- Fenced Yard
- Level
Pool
- None
- Included
- 2 Stoves, Over the Range Vent Hood, 2 Refridgerators, Dishwasher, 2 Microwaves, Washer, Dryer, Hot Water Tank (Owned), SmokeDetectors, Carbon Monoxide Detectors, Light Fixtures, Garbage Cans / Recyling Bins
- Excluded
- Tenant Belongings
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$2,325 per month
- Principal and interest
- $2,325
- Property tax
- $346
- Condo fees
- $0
- Estimated monthly cost
- $2,671
Your mortgage
- Mortgage amount
- $419,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $277,375
Cash to close
- Down payment
- $105,000
- Land transfer tax
- $6,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $111,975
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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