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Listed 8 days ago

1780 GORE Road

East Q, London East

$619,900

Detached|Bungalow
4 | 1 | 5
About this home

Large 4 bedroom brick home on 0.498 acre lot. Zoning allows for many possible commercial uses. Properties like this are hard to come by and rarely come available to buy. Amazing Location. This property is available for quick vacant possession. The heating system have been removed and the water supply lines have been removed. The property is being sold in "AS IS" condition with no representations or warranties from the Seller.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,420
Lot Size98.11 ft x 220 ft
mls© NumberX13707454
Listed ByROYAL LEPAGE TRILAND 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%
$3,173
Property tax
$285
Heat allowance
$150
Housing costs
$3,608 / mo

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

Down payment20% · $123,980
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$123,980

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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