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New5 days ago

713 Railton Avenue

East I, London East

$529,000

Detached|Bungalow
3 | 2 | 2
About this home

Whether you're looking for your first home, an investment property, or more space to grow, this 3+1 bedroom, 2-bathroom bungalow offers a functional layout in a convenient East London location with quick access to Veterans Memorial Parkway and Highway 401. The main floor features a bright and welcoming living room with newly installed pot lights, a separate dining room, and a functional kitchen complete with brand-new appliances. Updated flooring in the living room, dining room, and kitchen adds a fresh touch to the main living areas, while three good-sized bedrooms and a 4-piece bathroom complete the main level. The finished lower level expands your living space with an oversized rec room, a fourth bedroom, and a 3-piece bathroom, offering plenty of flexibility for a growing family, overnight guests, a home office, or hobby space. A separate side entrance provides direct access to the basement, offering added convenience and future possibilities for buyers looking for a home with flexible living space. Outside, the good-sized backyard provides room to enjoy the outdoors, garden, or create the outdoor space you've been envisioning. Conveniently located close to schools, parks, shopping, and everyday amenities, with easy access for commuters, this home offers solid value, practical living space, and the opportunity to make it your own. If you've been searching for an affordable home with room to grow and future potential, this one deserves a closer look. Book your private showing today!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$3,252
Lot Size37.97 ft x 98.67 ft
mls© NumberX13720072
Listed ByREAL BROKER ONTARIO LTD

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%
$2,708
Property tax
$271
Heat allowance
$150
Housing costs
$3,129 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

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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