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East K, London East
$387,900
This well-maintained 3-bedroom bungalow has received several updates in recent years, including the shingles, furnace, ductwork, electric breaker panel, flooring (no carpets), central air conditioning, kitchen, and pantry. The property also features a wood deck with a gazebo and owned hot water heater. Additionally, the enclosed front porch serves as an excellent three-season space.The backyard is fully fenced and flat, extending nearly 200 feet. The outdoor space includes a shed and a 12' x 12' workshop equipped with hydro. The current owners are moving out of town and can be very flexible regarding the possession date. The home is conveniently located close to all local amenities.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,101 |
| Lot Size | 33 ft x 198.99 ft |
| mls© Number | X13194462 |
| Listed By | SUTTON GROUP - SELECT REALTY |
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%
- $1,985
- Property tax
- $258
- Heat allowance
- $150
- Housing costs
- $2,394 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$74,000
gross annual household income
- Payment at 4%
- $1,632 / mo
- Cash down
- $77,580
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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