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Listed 11 days ago

148 Sanders Street

East M, London East

$539,900

Detached|Bungalow
3 | 1 | 9
About this home

Welcome to 148 Sanders Street, a well-maintained and extensively updated home on a rare double lot in East London. Offering approximately 2,500 sq. ft. of living space, this property features a 3 + 2 bedroom layout, providing plenty of room for family, guests, or flexible living arrangements. The separate entrance to the lower level opens up excellent in-law or rental potential, and the property is zoned R2-2, offering valuable flexibility for future use. Enjoy summers in the large inground pool, surrounded by a fully secured yard with a concrete block wall and high fencing for privacy. The deck features gas BBQ and fire pit hookups, making outdoor entertaining a breeze. Key mechanical upgrades include a high-efficiency furnace with DC motor and Lifebreath filter, a 14.5 SEER central air unit, and owned hot water on demand. Theres also attic space with development potential for even more versatility. The garage could be converted into a comfortable backyard retreat, ideal for hobbies, entertaining, or a man cave. With its generous space, valuable zoning, upgraded systems, and fantastic outdoor setup, 148 Sanders Street is a unique opportunity at this price point.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,145
Lot Size66 ft x 106.5 ft
mls© NumberX13764128
Listed ByRE/MAX ADVANTAGE REALTY LTD.

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
$345
Heat allowance
$150
Housing costs
$3,259 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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