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Listed 22 days ago

287 PORTSMOUTH Crescent E

East I, London East

$599,000

Detached|Other
3 | 2 | 3
About this home

This property is listed for Lease (MLS#X13444812) and For Sale (MLS#X13660086), whichever offer comes first. Welcome to 287 Portsmouth Crescent East-a beautifully updated, freshly painted, and light-filled back-split offering over 2,000 square feet of finished living space in the highly desirable Trafalgar Heights neighborhood. Perfect for growing families or savvy investors, this home provides exceptional versatility across three distinct living levels. The main floor features a bright, welcoming living room flowing into a crisp white eat-in kitchen. Lower levels boast a massive 4th bedroom and a flexible basement recreation space including a kitchenette, providing plenty of room for entertainment, a home office, or a gym. Accommodations include 3 generously sized upper-level bedrooms plus 1 additional lower-level bedroom with large windows above ground level and natural light, along with 2 full bathrooms. Modern vinyl plank flooring, updated trim, contemporary doors, light fixtures, and energy-efficient vinyl windows run throughout. The lower level has a separate entrance, and outside, enjoy a private carport and a concrete patio that extends into a fully fenced, well-maintained backyard. Situated on a quiet, low-traffic crescent with quick access to Highway 401, top-rated local schools, parks, and essential amenities. Close to Veterans Memorial Parkway, Gore Road, and major companies in this area. 5 minutes to Highway 401 and 10 minutes to London International Airport.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleOther
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$3,592
Lot Size38.71 ft x 100.8 ft
mls© NumberX13660086
Listed ByKING 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%
$3,066
Property tax
$299
Heat allowance
$150
Housing costs
$3,515 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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