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Listed 19 days ago

1581 Borden Street

East H, London East

$519,900

Detached|Backsplit 3
3 | 2 | 8
About this home

Nestled on a mature tree lined street and walking distance to Kiwanis Park, this 3 level side split offers generous family living space. Spacious living room, has a huge front window and corner fireplace. The eat in kitchen and dining room area offers plenty of counter space and 10 ft built in cabinets. Upper level includes 3 bedrooms with hardwood floors, a 4-piece bath and large linen closet. Lower level family room is carpeted with character brick wall and built in bookshelves. Lower bath includes shower. From the covered front porch with railing overlooking the landscaped front yard to the detached 2 car garage or workshop this freshly painted home offers great family living.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,319
Lot Size54.48 ft x 108 ft
mls© NumberX13673470
Listed BySUTTON GROUP - SELECT 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%
$2,661
Property tax
$277
Heat allowance
$150
Housing costs
$3,088 / mo

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

Down payment20% · $103,980
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$103,980

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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