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Listed 18 days ago

515 Third Street

East H, London East

$539,900

Detached|Bungalow
3 | 2 | 10
About this home

Excellent Investment Opportunity In London East. Three Bedroom, TWO Full Bathrooms Bungalow With ExcellentProximity To Fanshawe College. Features Oversized Quality Built Garage (30Ftx40Ftx9Ft Clear) 1200 square feet , with washroom, heated & seperate metre . With Independent Electrical Power And Heat. Ideal For A Small Business Or Workshop! Large Lot And BackyardFor Expansion Opportunities. Commercial Shopping, Bus Routes, Schools And Many Amenities Nearby

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,219
Lot Size46.62 ft x 182.61 ft
mls© NumberX13676174
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%
$2,763
Property tax
$268
Heat allowance
$150
Housing costs
$3,182 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

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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