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Price Change$410,000

1025 King Street

East M, London East

$399,000

Detached|Bungalow
3 | 1 | 2
About this home

Welcome to 1025 King Street! This inviting 3-bedroom, 1-bathroom bungalow is situated on a 38 x 112 ft lot in a convenient East London location. The main floor offers comfortable one-level living with three bedrooms and a bathroom featuring heated flooring for an added touch of comfort. The property also offers two side-by-side parking spaces and a spacious backyard designed with families in mind. Enjoy summer evenings around the bonfire pit while the kids make use of the play structure, with two sheds providing plenty of additional outdoor storage. The unfinished lower level offers a combination of basement and crawlspace areas, providing useful storage space and potential for future improvements. Conveniently located close to Kellogg's, the Hard Rock Hotel, shopping, restaurants, parks, transit, and major amenities, this home is an excellent opportunity for first-time buyers, families, downsizers, or investors looking to be part of an evolving East London community.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,330
Lot Size38 ft x 112 ft
mls© NumberX13665726
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$2,042
Property tax
$194
Heat allowance
$150
Housing costs
$2,386 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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