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Listed 3 months ago

310 Grey Street

East K, London East

$349,000

Detached|Bungalow
3 | 2 | 2
About this home

Beautiful 3-bedroom, 2-bathroom detached bungalow, perfect for the first time home buyer and investors. The main floor features laminate flooring, a bright living area, three spacious bedrooms, and a kitchen with a lovely view of the fully fenced backyard. The partially finished basement features an additional bedroom and a separate laundry area, providing excellent potential for extended family living or future rental opportunities. Conveniently situated near Richard B. Harrison Park, downtown, shopping, city transit, and the hospital.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,523
Lot Size40 ft x 165 ft
mls© NumberX13448870
Listed ByRIGHT AT HOME 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%
$1,786
Property tax
$210
Heat allowance
$150
Housing costs
$2,147 / mo

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

Down payment20% · $69,800
25-yr amortization

Income needed

$66,000

gross annual household income

Payment at 4%
$1,469 / mo
Cash down
$69,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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