

53 Victoria Street
East B, London East
$699,900
Don't miss this rare opportunity to own a prime piece of real estate in one of London's most desirable locations! Quick 15-minute walk to UWO - Backing directly onto the Thames Valley Parkway and spectacular Gibbons Park, this property is one of fewer than 50 properties that enjoy this exceptional park setting. Situated on an impressive 40 foot by 225.75 foot lot, this 1.5 storey home offers incredible potential for renovation or redevelopment, with endless possibilities for investors, builders and those looking to create something truly unique. Steps down from Gibbons Park Montessori School. Book your showing today and explore the potential this exceptional property has to offer.This is an estate sale being handled by the Estate Trustee. The home has been unoccupied for quite sometime and is in need of repairs. The property is being sold as is where is, with no warranties or representations by the seller.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,803 |
| Lot Size | 40 ft x 225.75 ft |
| mls© Number | X13738822 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $484
- Heat allowance
- $150
- Housing costs
- $4,216 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$130,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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