Listed 2 months ago
940 Oxford Street W
North P, London North
$1,100,000
Detached|Bungalow
3 | 2 | 7
About this home
Profit, Profit, Investment Property, This house hasthe potential of rezone to 9 condo apartment
Extras
No extras listed.
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No upcoming open houses.
| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,543 |
| Lot Size | 75 ft x 150 ft |
| mls© Number | X13530308 |
| Listed By | UNITED REALTY OF CANADA |
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%
- $5,630
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $6,159 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $220,000
25-yr amortization
Income needed
$190,000
gross annual household income
- Payment at 4%
- $4,629 / mo
- Cash down
- $220,000
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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