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Listed 2 months ago

594 Highbury Avenue N

East N, London East

$399,900

Detached|Bungalow
2 | 2 | 3
About this home

Enjoy a beautifully Rare opportunity to own a move-in-ready home with 3-car parking and income potential! This updated 2+1 bedroom, 2 full bathroom home offers private rear alley access and a finished landscaped backyard designed for outdoor living and entertaining. Conveniently located with public transit at your doorstep and easy access to amenities. Currently rented out for $2100/Month + Utilities. This property is perfect for first-time buyers, families, or investors seeking flexibility and value. Fireplace is being sold in as is condition, current sellers have never used it. Beautiful basement that can serve as a rec room, guest suite, or a rental space.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,280
Lot Size31.5 ft x 120 ft
mls© NumberX13493530
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$2,047
Property tax
$190
Heat allowance
$150
Housing costs
$2,387 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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