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East K, London East
$329,000
Great opportunity for first time buyers or investors! This 4 bed 1 bath bungalow has lots of light, an eat in kitchen with lots of counter space, and hardwood floors in the main living areas. Outside enjoy the sun in your fully fenced yard with a covered deck and patio space. Private driveway with room for 2 cars and close to public transit, schools and downtown. Don't miss out on this one filled with potential!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,632 |
| Lot Size | 36 ft x 101 ft |
| mls© Number | X13237478 |
| Listed By | BLUE FOREST 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%
- $1,684
- Property tax
- $219
- Heat allowance
- $150
- Housing costs
- $2,053 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$63,000
gross annual household income
- Payment at 4%
- $1,384 / mo
- Cash down
- $65,800
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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