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Investment signal

$549,900

434 EGERTON STREET

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East M). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Built in 2010, this inviting bungalow in East London is perfect for comfortable living while offering excellent potential for mortgage support-ideal for first-time homebuyers and savvy investors. The main level features two well-sized bedrooms, a bright open-concept living and dining area, and large windows that fill the home with natural light. The functional and welcoming layout is perfect for young families starting their homeownership journey or for those seeking convenient single-level living. The fully finished basement adds incredible value, offering two additional bedrooms, a second kitchen, and a separate entrance-ideal for multi-generational living or potential of generating rental income. Outside, enjoy parking for two vehicles and a fully fenced backyard, perfect for relaxing or entertaining. Conveniently located near shopping, restaurants, cafés, the Western Fair Farmers' Market, and with easy access to Highway 401, this home delivers both comfort and versatility in a prime location. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: East M
Common interest: Freehold
Lot dimensions: 38 x 75.3 FT
Bedrooms: 2 above grade, 2 below grade
Parking: 2 total
Stories: 1
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Annual tax: $2,749
Zoning: R2-2
Photos: 23
MLS#: X13019278
Area: LONDON_EAST_(EAST_M)

Features and systems

Parking

No Garage

Basement

Apartment in basementN/A

Appliances

WasherRefrigeratorDryerTwo stoves

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Flooring

Laminate

Foundation

Unknown

Negative cash flow ~$493/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-5.38%

Cap rate

3.79%

GRM

15.8

Break-even rent

$3,419

Financing

Down payment$109,980

Loan amount$439,920

Mortgage$2,229/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252

Insurance$80

Maintenance$458

CapEx reserve$229

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,229/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.