297 HUNGERFORD STREET

This is the one you've been waiting for! Welcome to this charming, bright bungalow offering the perfect blend of family living and excellent income potential. With a fully finished lower level and an active City of London rental license already in place, this home is an ideal opportunity for first-time buyers, families, or investors looking to offset their mortgage with rental income. Imagine enjoying your own private living space upstairs in a peaceful, quiet neighborhood while the lower-level rental income helps with the mortgage. It's a smart way to make homeownership more affordable! The main floor features a living room with beautiful hardwood flooring, which continues through the hallway and all 3 spacious bedrms , complemented by a full bathroom. The functional kitchen features a convenient breakfast-bar peninsula and a comfortable eat-in area overlooking a large bay window. Downstairs through the separate side entrance and discover an impressive, fully finished lower level designed with flexibility and functionality in mind. The lower level features a full kitchen, comfortable living room, two additional bedrm, a study room, and a full bath. Whether you choose to use it as a licensed rental suite, space for extended family, or simply additional living space, the possibilities are excellent. Upgrades just to name few fiberglass shingles were replaced in 2013 , furnace (2026), owned tankless water heater (TWH), energy efficiency while eliminating monthly rental costs. Fully fenced backyard backing onto mature trees with no neighbors directly behind you. Parking for 4 cars and a generous 12 ft. x 8 ft. storage room. Located within walking distance to places of worship, trails, public transit, and everyday amenities. Whether you're purchasing your first home, looking for a property with rental income, or searching for a solid investment opportunity, this bungalow checks all the right boxes at a very attractive price point. (id:67197)

Price

$578,000

Property Type

Single Family

Transaction Type

For sale

Bedrooms

5

Bathrooms

2

Parking

4

MLS® Number

X13785650

Interior Size

700 - 1100 sqft

Ownership Type

Freehold

Building Type

House

Architectural Style

Bungalow

Construction Style

Detached

Bedrooms Above Grade

3

Bedrooms Below Grade

2

Bathrooms

2

Basement

Full (Finished)

Basement Development

Finished

Cooling

Central air conditioning

Exterior Finish

Vinyl siding, Brick

Fireplace

No

Foundation

Poured Concrete

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

700 - 1100 sqft

Stories

1

Water

Municipal water

Size Frontage

32 ft ,9 in

Size Depth

88 ft ,3 in

Acreage

No

Sewer

Sanitary sewer

Amenities Nearby

Place of Worship

• Backs on greenbelt
• Flat site
• Conservation/green belt
• Sump Pump
• Place of Worship
• None
• Deck
• Porch
• Shed

Ownership Type

Freehold