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Listed 2 months ago

311 Saskatoon Street

East H, London East

$1

Detached|Bungalow-Raised
2 | 2 | 4
About this home

Attention Investors. Great Addition To Any Portfolio. Single Detached With Two Units For Rent. The Upper Is Rented For $1800 Monthly, 2 Beds 1 Bath. Lower Unit Vacant Potential $1300 1 Beds, 1 Bath. Separate Entrance. $70,000 Spent On Upgrades, Hardwood Floors And Baths.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,984
Lot Size58.51 ft x 70.35 ft
mls© NumberX13513042
Listed ByHOMELIFE HEARTS 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%
$0
Property tax
$249
Heat allowance
$150
Housing costs
$399 / mo

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

Down payment20% · $0
25-yr amortization

Income needed

$12,000

gross annual household income

Payment at 4%
$0 / mo
Cash down
$0

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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