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Listed 1 month ago

151 Clarence Street

East K, London East

$399,900

Detached|1 1/2 Storey
2 | 2 | 2
About this home

Home is larger inside than it appears from the outside. Definitely worth the look inside.Ceramic tiled foyer with 10 foot ceilings invites you into this spacious 2+1 bedroom, 2.5 bath home. The 10 foot ceilings continue through to the separate dining and living room, both of which feature 4 inch wide pine floors adding to the character of this 1880 built home. One of the 2 bedrooms on the main also has the 10 foot ceiling and 4 inch pine floors as well as a2-piece ensuite. Towards the rear of the home you will find the kitchen (tiled floors) and the 2nd bedroom with laminate flooring. At the rear of the home is the laundry room with 10 inch wide oak flooring and trap door access to the basement. Upstairs you will discover a largebedroom or whatever use you deem fit for this massive area.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,418
Lot Size23.56 ft x 110.27 ft
mls© NumberX13603136
Listed ByRE/MAX CENTRE CITY 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%
$2,047
Property tax
$201
Heat allowance
$150
Housing costs
$2,398 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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