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Listed 26 days ago

70 Mackay Avenue

South E, London South

$539,000

Detached|Bungalow
2 | 2 | 3
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,835
Lot Size38 ft x 98 ft
mls© NumberX13647780
Listed ByEXP 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.

Down payment20% · $107,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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