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East B, London East
$684,900
Steps to King's and Western, with Western visible right from the front porch, this well-maintained home offers 3 bedrooms above grade plus two additional finished rooms in the lower level, along with 2 full bathrooms, in one of London's most in-demand student rental pockets. Unlike the typical student rental, this property has been genuinely well cared for, featuring a beautifully updated kitchen and warm hardwood floors throughout. The private yard with deck adds great outdoor living space. Currently fully rented for the current school year at $4,500 per month plus utilities. A fantastic turnkey addition to any investment portfolio, in a location students consistently want to live in.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,542 |
| Lot Size | 30 ft x 96 ft |
| mls© Number | X13601016 |
| Listed By | BLUE FOREST 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%
- $3,506
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $4,034 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,882 / mo
- Cash down
- $136,980
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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