840 Lorne Avenue
East G, London East
$585,000
Visit the REALTOR website for further information about this Listing. Previous fire damaged home that has been stripped to the studs and completely rebuilt to new! Everything is new, all mechanical, insulation and windows, roof etc. Newly designed into a single family home with front and rear porches, second floor laundry, brand new 2 car detached garage. Move in ready!
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,264 |
| Lot Size | 32 ft x 132 ft |
| mls© Number | X13576330 |
| Listed By | EASY LIST REALTY LTD. |
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%
- $2,994
- Property tax
- $272
- Heat allowance
- $150
- Housing costs
- $3,416 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,462 / mo
- Cash down
- $117,000
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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