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East M, London East
$539,900
Welcome to 529 Highbury Avenue, a lovingly renovated bungalow offering modern finishes, plenty of storage and a flexible layout in a convenient location. Freshly painted throughout, the bright main level features two bedrooms, white oak hardwood flooring, smart switches and convenient main floor laundry. The beautifully updated kitchen is complete with stainless steel appliances and a marble-style island, while the main bathroom offers a relaxing soaking tub. The fully finished lower level includes three additional bedrooms with egress windows, a separate entrance, kitchen, full bathroom and its own laundry area, creating an ideal setup for multigenerational living, extended family, guests or future income potential. Tile and waterproof vinyl flooring provide style and durability, while the spacious walk-in marble-style shower adds a touch of luxury. The insulated lower level was thoughtfully designed with added fire and sound resistance. Outside, enjoy a fully fenced yard, raised deck, detached garage with remote opener and ample driveway parking. Conveniently located close to shopping, schools, parks, public transit, downtown and Highway 401.An independent appraisal was completed in April 2026, valuing the property at $550,000, with the appraisal available for review. Offering extensive renovations, exceptional versatility and an impressive amount of finished living space, this property represents outstanding value and a wonderful opportunity for its next owner.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,420 |
| Lot Size | 50.39 ft x 120.31 ft |
| mls© Number | X13752138 |
| Listed By | RE/MAX CENTRE CITY REALTY 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%
- $2,763
- Property tax
- $285
- Heat allowance
- $150
- Housing costs
- $3,198 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,272 / mo
- Cash down
- $107,980
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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