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New6 days ago

587 Classic Court

East P, London East

$699,900

Detached|Backsplit 4
3 | 2 | 4
About this home

Wonderful quiet court location well maintained 3 bedroom 4 level backsplit in a great neighbourhood. Features include formal living and dining rooms overlooking spacious kitchen with dual skylights with access to beautiful oasis pie shaped backyard landscaped with waterfall. Large family room on 3rd level with gas fireplace and 2nd bath. Partially finished lower level including lower level laundry. Exterior features 2 car garage with full brick re-face of front of the home.This home provides lots of space for a young family with great schools and amenities in the area and great access to the 401.This home will not disappoint!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,493
Lot Size46 ft x 107 ft
mls© NumberX13713750
Listed BySUTTON 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%
$3,582
Property tax
$374
Heat allowance
$150
Housing costs
$4,107 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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