Listed 5 months ago
603 Queens Avenue
East F, London East
$799,900
Detached|2 1/2 Storey
5 | 4 | 3
About this home
Heres your chance to own a FULLY rented triplex just steps from downtown London. Each unit has its own dedicated parking space at the front and side of the property. Unit 1 is a 2 bedroom with a 4 piece Bathroom, Unit 2 is a 1 bedroom with a 4 piece & Unit 3 is a 1+1 Bedroom with a 2 piece Bathroom as well as a 4 piece Bathroom
Extras
No extras listed.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2500-3000 sq. ft. |
| Property Tax | $5,582 |
| Lot Size | 59.33 ft x 112.83 ft |
| mls© Number | X12948826 |
| Listed By | PLATINUM KEY REALTY 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%
- $4,094
- Property tax
- $465
- Heat allowance
- $150
- Housing costs
- $4,709 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $159,980
25-yr amortization
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
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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