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Listed 6 months ago

437 Clarke Road

East H, London East

$449,000

Detached|1 1/2 Storey
3 | 1 | 4
About this home

Location!Location!Location! An amazing opportunity for first-time buyers and investors alike. This charming brick home is situated in the heart of Argyle,East London,and is ready for its next owner.Featuring 3 bedrooms,1 bath and a partially finised basement that just needs your personal touch. Enjoy a large fully fenced backyard-perfect for family gathering or future projects. Conveniently located close to fanshawe college,shopping,parks,schools and all essential amenties. Everything you need is a short walk away. Don't miss this increadible opportunity to own in a sought-after neighbourhood!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,900
Lot Size54.17 ft x 145 ft
mls© NumberX12900084
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$2,298
Property tax
$242
Heat allowance
$150
Housing costs
$2,690 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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