Detached House for sale at 627 Wallace Street, London East, East C, N5Y 3R8 - MLS: X12120289

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627 Wallace Street

London East, Ontario, N5Y 3R8

$519,000

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Neighbourhood

East C
Major Intersection

Adelaide St N and Oxford St E

Listed Since: 13 day(s)
Last update: today

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Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 1
Bathrooms

2
Basement

Part Fin + Development Potential
Kitchen

1 + 1
Total Parking

3
Lot Size

238.76x37.09 (Feet)
Taxes

$2,832.00 (2024)
Type

Freehold

Property description for 627 Wallace Street, London East, East C, N5Y 3R8

Welcome to 627 Wallace Street in the heart of London's friendly Carling Heights neighbourhood. Situated on a quiet, dead end street, this 3+1 Bedroom, 2 Bathroom, brick bungalow is steps to downtown, Carling Arena, Knollwood Public School, parks and much more. The large, covered front porch is ideal for neighbourly chats and morning coffees. The main floor consists of 3 bedrooms (3rd bedroom currently used as an office), the main bathroom and a cozy living room. Also on this level is a separate dining room with bay window leading to the bright kitchen toward the back yard and lower level. Downstairs offers an opportunity to create a second living area with a bedroom, recreation room, bathroom and small kitchenette. Enjoy the private, fully fenced, large backyard and private single driveway for 3+ cars. This property makes for a great first time home buyer looking to subsidize their mortgage or an investor looking to further develop the property for resale. This adorable home is within walking distance to EVERYTHING

Listed by RE/MAX CENTRE CITY REALTY INC.

Property details

MLS #

X12120289
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

Private
Garage

None
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12120289
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

51-99
Pool

None
Drive

Private
Garage

None
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Bathroom

2.39 x 1.98 ft Main level

4 Pc Bath
Br

3.48 x 2.9 ft Main level
Br

3.48 x 3.61 ft Main level
Dining

3.45 x 3.0 ft Main level
Kitchen

2.41 x 2.72 ft Main level
Living

3.48 x 4.78 ft Main level
Primary

3.51 x 3.05 ft Main level
Bathroom

1.85 x 1.8 ft Bsmt level

4 Pc Bath
Br

3.43 x 3.28 ft Bsmt level
Kitchen

3.4 x 1.88 ft Bsmt level
Rec

3.38 x 3.76 ft Bsmt level
Utility

2.51 x 5.41 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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