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Listed 27 days ago

69 Connaught Avenue

East G, London East

$469,900

Detached|1 1/2 Storey
4 | 4 | 1
About this home

Welcome to this spacious 2-unit home with great rental income. The main floor offers a generous living room filled with natural light, a roomy eat-in kitchen, and a main-floor master bedroom. An additional room on the main level provides flexibility ideal as a second bedroom, home office, or guest space. You'll also find a 3-piece washrooms for added convenience. Upstairs, two oversized bedrooms offer plenty of space for family or guests and offers a second 3-pc bath. The fully finished basement features a bright and updated granny suite with two bedrooms, including one with a private 3-piece en-suite. A second full bathroom, an eat-in kitchen, and newer carpeting throughout make this lower unit both comfortable and inviting. Out back, enjoy the peaceful view of a large pond and the bonus of McCormick Park just steps away, offering walking trails and green space right beyond your yard. This is a rare find combining space, flexibility, and a beautiful natural setting!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,839
Lot Size30 ft x 115 ft
mls© NumberX13640370
Listed ByBLUE 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%
$2,405
Property tax
$320
Heat allowance
$150
Housing costs
$2,875 / mo

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

Down payment20% · $93,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,977 / mo
Cash down
$93,980

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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