1235 Michael Street, London East

1235 Michael Street, London East

$499,990

7 bed · 3 bath · Detached

MLS®#: · Status: New

Listed by: EXP REALTY

About this property

Attn, Investors or First Time Home Buyers! Welcome to this beautifully renovated all-brick bungalow in London's East D community, situated on an impressive 55 x 130 ft lot. The main level offers 3 bedrooms and 1 full bathroom, while the finished basement includes 4 additional rooms, 1 full bathroom, 1 powder room and convenient separate side-door entrance access.The bright main floor features updated flooring in select areas, new baseboards, modern pot lights and electrical fixtures, and a beautifully upgraded kitchen with quartz countertops, a new centre island, stylish backsplash, new tile flooring and extensive cabinetry. Patio doors lead to a freshly painted rear deck and a fully fenced, private backyard.The finished lower level offers exceptional flexibility for extended family or in-law suite, guests, home offices, recreation space or potential rental use and potentially generate rental income upto $2500 per month potentially (after the unit is legalized). Additional upgrades include fresh interior and exterior paint, stylish black-accented windows, gutters and downspouts, plus a fully refreshed black garage exterior, garage door and trim. The home also features a rare oversized double-car garage, a furnace installed in 2022, central air conditioning installed in 2023 and replacement windows approximately between five to ten years old.Conveniently located near Fanshawe College, neighbourhood schools, parks, community centres, shopping, restaurants, public transit, Highbury Avenue and Highway 401. A rare opportunity offering modern renovations, substantial living space, a large private lot, excellent parking and impressive lower-level potential.

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