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Listed 8 days ago

444 Forest Lawn Avenue

East I, London East

$629,900

Detached|Bungalow
4 | 2 | 6
About this home

Almost 3,000 sq ft of living space in this uniquely designed one floor property. Nestled in on a court location with an abundance of mature trees. Two separate sliding doors open up onto an oversized deck offering a tranquil view of the in-ground swimming pool and mature property. There are so many potential development options to be had here. Main floor laundry could easily be turned into a 4th bedroom. The massive driveway is perfect for a large garage. The mostly unfinished basement with separate entrance is just waiting to be finished, or add an extra unit. Easy highway access and great for watching the airshow by the pool.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,269
Lot Size66 ft x 190.69 ft
mls© NumberX13706910
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$3,224
Property tax
$272
Heat allowance
$150
Housing costs
$3,647 / mo

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

Down payment20% · $125,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

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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