248 Grey Street
East K, London East
$319,900
Such a Deal! 2 Bed, well maintained, brick home steps from new transit line and minutes to downtown, Wortley Village & SOHO the Highway. This well built, brick home with the great enclosed front porch and parking for 2 has a lot to offer for the price! The main floor features living room open to kitchen, separate dining area, Upstairs are 2 very spacious bedrooms and a family bathroom. There is plenty of storage space above and below ground in the full basement. There is a rear deck with room to BBQ plus seating space. The large lawn has room to enjoy a fire pit and space to play, plus private parking for 2. Updates include metal roof 2022, most windows 2010, fridge 2025
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,542 |
| Lot Size | 21.05 ft x 108.27 ft |
| mls© Number | X13690594 |
| Listed By | SUTTON 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%
- $1,637
- Property tax
- $129
- Heat allowance
- $150
- Housing costs
- $1,916 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$59,000
gross annual household income
- Payment at 4%
- $1,346 / mo
- Cash down
- $63,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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