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Listed 3 months ago

31 Wethered Street

East C, London East

$624,900

Detached|2-Storey
4 | 3 | 5
About this home

Welcome to this spacious and versatile detached home offering endless possibilities for families, multi-generational living, or those looking for mortgage-helping income potential. With 4 bedrooms, 3 bathrooms, and multiple living areas, this property provides a flexible layout that can adapt to a variety of needs. The main floor features a bright living room, an updated kitchen renovated in December 2023, two bedrooms, a full bathroom, and convenient laundry. Upstairs, you'll find an additional self-contained living space complete with two bedrooms, a kitchen, living area, and 3-piece bathroom, making it ideal for extended family, adult children, guests, or potential rental income. The basement adds even more functional space and includes a second 3-piece bathroom. One of the standout features of this property is the oversized backyard surrounded by mature trees, creating a private outdoor setting with plenty of room to relax, entertain, garden, or enjoy time with family and friends. A detached single-car garage offers additional storage, workshop potential, and parking, while the driveway accommodates multiple vehicles.Conveniently located close to schools, parks, shopping, public transit, and major routes, this property offers a unique opportunity to own a home with the space and flexibility to suit a variety of lifestyles.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,535
Lot Size22 metres x 67.04 metres
mls© NumberX13238092
Listed ByCentury 21 Heritage House Ltd Brokerage

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%
$3,199
Property tax
$378
Heat allowance
$150
Housing costs
$3,726 / mo

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

Down payment20% · $124,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$124,980

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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