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Price Change$579,000

203 Merlin Crescent

East H, London East

$568,000

Detached|Bungalow
4 | 2 | 5
About this home

Beautifully renovated 2+2-bedroom, 2-bath bungalow on the Eastside with ample parking and close to shopping, schools, and parks. The large, open-concept kitchen, renovated in 2021, features gorgeous stone countertops and connects seamlessly to the living and dining areas, with updated lighting throughout. The main floor includes 2 spacious bedrooms and a full bath. Outside, there's a hot tub, an above-ground pool, and a fire pit, perfect for relaxing and entertaining. A sizeable 14'X26' detached garage adds convenience. The property has a side entrance and walk-up basement access, ideal for an in-law suite setup! The large, bright basement boasts two bedrooms, a full bath and plumbing is roughed in for a second kitchen. There's plenty of storage throughout the home. New A/C, furnace, and insulation were installed in 2021. Nothing to do here-just move in and enjoy!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,353
Lot Size50 ft x 145 ft
mls© NumberX13606032
Listed ByFOREST HILL REAL ESTATE 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%
$2,907
Property tax
$279
Heat allowance
$150
Housing costs
$3,337 / mo

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

Down payment20% · $113,600
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,390 / mo
Cash down
$113,600

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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