Price Change$1,199,900
1988 RIVER Road
East A, London East
$999,999
Detached|2-Storey
5 | 4 | 40
About this home
1.09 ACRE LAND, Live and Run your own business from Home, , GI1 (General Industrial) Zoning, 2 Family home, , Easy showing with Lockbox, property was rented for $ 6,500.00 Monthly.
Extras
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,823 |
| Lot Size | 137.53 ft x 429.63 ft |
| mls© Number | X13644844 |
| Listed By | COMMITMENT REALTY LTD. |
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%
- $5,118
- Property tax
- $569
- Heat allowance
- $150
- Housing costs
- $5,837 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $200,000
25-yr amortization
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
Nearby listings
Comparable sales
- No similar listings found.
