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East L, London East
$470,000
Being sold for the first time in over 40 years, this property is ready to have you and your family enjoy all it has to offer. In the last few years it has had new windows and doors, siding, soffit and fascia, paint and trim, primary bedroom update, and still has room for improvement to allow you to make it your own. With an oversized property for the city, and a very large shop, that has it's own hydro as well as heat, makes this one a hobbyists delight. A fenced yard offers privacy and safety as well for kids/pets.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,185 |
| Lot Size | 45.33 ft x 198 ft |
| mls© Number | X12931358 |
| Listed By | eXp Realty of Canada 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%
- $2,406
- Property tax
- $265
- Heat allowance
- $150
- Housing costs
- $2,821 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,978 / mo
- Cash down
- $94,000
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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