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Listed 10 months ago
77 Chesley Avenue
East L, London East
$500,000
Detached|1 1/2 Storey
2 | 3 | 3
About this home
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,380 |
| Lot Size | 42 ft x 100 ft |
| mls© Number | X12518566 |
| Listed By | TEAM GLASSER REAL ESTATE BROKERAGE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $198
- Heat allowance
- $150
- Housing costs
- $2,908 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $100,000
25-yr amortization
Income needed
$89,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $100,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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