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South E, London South
$539,000
Welcome to 70 Mackay Avenue, where multi-generational living meets modern luxury. Located in one of London's most desirable neighbourhoods, just minutes from the vibrant shops, restaurants, and amenities surrounding Wortley Village, this 4 bedroom, 2 bathroom property offers outstanding flexibility for families, investors, or those seeking an in-law setup. This property was previously generating $3,900 per month in rental income, presenting a fantastic opportunity in a high-demand rental market. Whether you're looking for a place to call home or a strong income-producing asset, 70 Mackay Avenue is a rare offering that combines quality, location, and versatility. This property features all new vinyl flooring and ceramic tile throughout, brand new windows, stunning granite countertops in both kitchens, 200-amp electrical service, and new front and rear porches. The detached garage has also been refreshed with a new roof and siding, adding to the property's exceptional curb appeal and future additional income potential. Reach out today to book your private viewing!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,835 |
| Lot Size | 38 ft x 98 ft |
| mls© Number | X13647780 |
| Listed By | EXP REALTY |
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%
- $2,759
- Property tax
- $236
- Heat allowance
- $150
- Housing costs
- $3,145 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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