For Sale: 437 Charlotte Street, London, ON - REW
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$514,900
3 bd 2 ba 1100 - 1499 sf House

437 Charlotte StreetLondon, ON, N5W 4A5

East London
  • 3 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

About this home

Fully renovated in 2024, this spacious detached bungalow with separate units offers a strong investment opportunity and excellent flexibility for multi-generational living or owner-occupied rental income. Recent updates include a new roof, North Star windows, flooring, furnace, siding, quartz countertops, new doors and trims, updated kitchens on both levels, and modern bathrooms with new vanities, making this a truly turnkey property. Configured as a legal duplex-style setup, the property has a projected income of $4,000/month in total rental income: the main unit can rent for $2,400/month plus utilities, and the lowerunit can rent for $1,600/month with heat included and hydro separate. Each unit features its own kitchen, full bathroom, separate hydro/water/gas, individual laundry, and its own fireplace. A spacious den on the upper level adds even more functional living space, while durable vinyl flooring runs throughout both levels. Outside, the property offers parking for 5 large vehicles plus an additional garage space, rare for the area. Located within walking distance to the Hard Rock Hotel, Tim Hortons, Western Fair District, and nearby amenities, this location provides strong rental appeal and convenience. Whether you are an investor seeking a cash-flowing asset with an approx. 8.15% CAP rate, or a family looking for separate living spaces, this renovated bungalow delivers long-term value, versatility, and income potential. For those looking to offset living costs, this property is also an ideal live-in investment. You can comfortably reside in one unit while renting out the other to significantly reduce monthly expenses. With current market rents, the second unit can cover a substantial portion of the mortgage, utilities, and other household bills, making this home an excellent option for first-time buyers, downsizers, or families seeking affordability without compromising space or privacy. (id:63626)
Listed by: JOHNNY RASHMAWI, Salesperson, StreetCity Realty Inc. (London)

Home facts and features

Price details
List Price
Gross Taxes for 2026
$2,091
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
5
Parking Details
Detached Garage, Garage
Property Type
House
Depth
147.5 feet
Frontage
46.1 feet
Title
Freehold
Style
Bungalow
Exterior Finish
Brick, Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Full
Features
Separate Electricity Meters
Appliances
All, Dryer, Microwave, Range, Two Refrigerators, Two Washers, Two stoves
Community
Agent details
Primary Agent
JOHNNY RASHMAWI
Primary Broker
StreetCity Realty Inc. (London)
Listing details
Days on REW
35 Days
Property Views
34
MLS® Number
X13103804
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Académie de la Tamise
  • Public
  • JK - 6
St Mary School
  • Catholic
  • 5 - 8
East Carling Public School
  • Public
  • JK - 8
Blessed Sacrament School
  • Catholic
  • JK - 8
H B Beal Secondary School
  • Public
  • 9 - 12
Trafalgar Public School
  • Public
  • JK - 8
Holy Cross School
  • Catholic
  • JK - 8
Aberdeen Public School
  • Public
  • JK - 8
Lester B Pearson School for the Arts
  • Public
  • 4 - 8
Knollwood Park Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.