Home with brick exterior material, street for 1050 Margaret St, London Ontario N5W 2K1
Re-listed 14 days ago

1050 Margaret St, London, Ontario N5W 2K1

Detached
2
2
~700-1100 sqft
$•••,•••
$385,000
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Detached
2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$450/sqft

Est. Mortgage$1,653/mo

Tax Amount (2024)$2,061/yr

Days On Market14 days

Total Days On Market105 days


Description

This is a great home to own with a mortgage helper, making it extra affordable, or if you're looking for in-law capability or an investment property! Just minutes from Old East Village, Kelloggs Lane, and the Western Fair District, this charming property offers a unique and versatile layout. It features a 1-bedroom, 1-bathroom space in the back (owner occupied) and a completely separate 1-bedroom, 1-bathroom area in the front (currently vacant)both with their own kitchens and laundry making it perfect for multi-generational living, in-law accommodations, or generating rental income. Significant updates include a stylish kitchen renovation in 2017 with refreshed countertops, cabinets, flooring, and modern pot lights. Both 3-piece bathrooms were also updated in 2017. The convenience continues with two main-floor laundry rooms and an unfinished basement providing ample storage. Major improvements include a new furnace and A/C in 2018 and updated shingles in 2021. Outside, the detached shed offers additional storage, a potential workshop, or even a home gym. With its flexible layout, prime location, and move-in-ready condition, this home is full of possibilities!


Property Details

StyleBungalow
ViewClear
Age of property100+
SqFt~700-1100 SqFt
Lot Size5,477 SqFt(132.78 x 41.25)
Parking Spaces3
MLS ®NumberX12056343
Community NameEast London
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Kitchen

2.69 x 3.73

Br

3.91 x 3.2

Laundry

3.23 x 1.52

Foyer

2.01 x 3.2


Features

Lot size: 5,477 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 2

Total parking spaces 3


Property listed by RE/MAX CENTRE CITY REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget