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Listed 14 days ago

386 Mornington Avenue

East G, London East

$479,900

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Your opportunity to enjoy the charm of Old East Village! Amazing location, central to major shopping plazas, transit, schools, parks and rec, restaurants, highway access and more. This 1.5 storey home has lovely curb appeal. Modern interior with recent updates throughout. Bright Living Room with large windows and pot lighting. Glass doors lead open to the formal Dining Room. Bright white Kitchen with beautiful quartz countertops, tile backsplash, stainless steel appliances, and patio door. Convenient guest bathroom finishes the main level. Upstairs, you will find 3 Bedrooms and a full Bathroom, complete with soaker tub. Outdoors, enjoy the private backyard with plenty of shade from mature trees. The two-tiered deck is perfect for relaxing or entertaining guests. This home is move-in-ready and could be yours!

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,364
Lot Size30 ft x 120 ft
mls© NumberX13686732
Listed ByOLIVER & ASSOCIATES KATIE WHITE REAL ESTATE BROKERAGE 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%
$2,456
Property tax
$197
Heat allowance
$150
Housing costs
$2,803 / mo

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

Down payment20% · $95,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$2,019 / mo
Cash down
$95,980

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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