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Listed 1 month ago

771 Monsarrat Avenue

East A, London East

$554,000

Detached|1 1/2 Storey
3 | 2 | 2
About this home

Welcome to this well-maintained 5-bedroom, 2-bathroom home in a quiet, family-friendly neighbourhood, conveniently located minutes from Western University and Fanshawe College. Perfect for first-time buyers, investors, or growing families, this move-in-ready home offers excellent space and flexibility.The main floor features a bright open-concept layout with a modern kitchen, stainless steel appliances, breakfast bar, and spacious living and dining areas. The upper level offers three generously sized bedrooms and a full bathroom.The lower levels provide additional living space with two more bedrooms, a family room, home office, second bathroom, laundry, and ample storage. The flexible layout is ideal for families, students, professionals, or rental potential.This owner-occupied home has been carefully maintained and offers a clean, comfortable pet-free and smoke-free environment.Located close to schools, parks, shopping, transit, and all essential amenities, this is a fantastic opportunity in a highly convenient London location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,319
Lot Size32.99 ft x 100.25 ft
mls© NumberX13604054
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$2,836
Property tax
$277
Heat allowance
$150
Housing costs
$3,262 / mo

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

Down payment20% · $110,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,331 / mo
Cash down
$110,800

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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