149 Forest Hill Avenue
South D, London South
$348,900
A great opportunity for a unique property on a large quiet lot. Property is being sold AS-IS with no warranties or representations. Main floor of the home has a 2 bedroom 1 bathroom layout, with the second level having a 1 bedroom 1 bathroom accessible via staircase at the rear of the home. A perfect getaway awaits in the backyard. A special cottage that has a 1 bedroom 1 bathroom getaway inside. Perfect for feeling like you're away on vacation while at home. The property also features a large shed, and a detached oversize 2 car garage. This property has been damaged due to a fire and City of London has issues an "Order to Make Safe". Buyer's to complete all due diligence.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,426 |
| Lot Size | 46 ft x 231 ft |
| mls© Number | X13468016 |
| 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%
- $1,786
- Property tax
- $369
- Heat allowance
- $150
- Housing costs
- $2,305 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$71,000
gross annual household income
- Payment at 4%
- $1,468 / mo
- Cash down
- $69,780
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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