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Price Change$439,000

1053 Frances Street

East M, London East

$399,000

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to this adorable, fun home in the Old East Village. This 2 bedroom, 2 full bath home has outstanding charm, sure to captivate. Front foyer comes complete with a barn door into bedroom/office and plenty of storage space.The spacious kitchen has a gas countertop range, built-in dishwasher, tin ceiling and lots of cupboards, leading to the main floor laundry, 3 piece bathroom and outside to a covered deck. Primary bedroom has an ensuite with soaker tub. Huge backyard with a side ramp leading up to the deck, perfect for those with mobility issues plus a garden shed and fire pit. Parking for two cars and a private front porch, add to the charm. Basement has a workshop, with built-in cabinets, a large utility room, plus an open area perfect for a den, complete with a pool table. Located on a quiet street, within walking distance of 100 Kellogg Lane, one of Canada's premier entertainment areas. A perfect home for first time homebuyers, or those looking to downsize somewhat.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,380
Lot Size41.25 ft x 132 ft
mls© NumberX13671610
Listed ByRIGHT AT HOME 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%
$2,042
Property tax
$198
Heat allowance
$150
Housing costs
$2,391 / mo

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

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

Income needed

$74,000

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

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