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42 Mark Street

East C, London East

$549,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to this spacious and well-maintained bungalow, perfect for families, multi-generational living, or investors. The main floor offers 3 generous bedrooms and has been updated with a brand-new kitchen and new flooring throughout. The finished basement features a separate entrance, providing excellent flexibility for extended family, guests, or additional living space. Ideally located within walking distance to Fanshawe College, this property also offers outstanding rental potential with the possibility of a 6-bedroom setup. Enjoy the convenience of being close to shopping, grocery stores, schools, parks, playgrounds, public transit, and easy highway access. A fantastic opportunity to own a home that combines comfort, versatility, and a prime location. Wood burning fireplace is in AS-IS condition.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,351
Lot Size50 ft x 128.52 ft
mls© NumberX13597586
Listed ByHOMELIFE/MIRACLE 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%
$2,810
Property tax
$279
Heat allowance
$150
Housing costs
$3,239 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

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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