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East K, London East
$199,900
Property with Potential at 184 William Street. This detached, one-and-a-half-storey, all-brick home features three bedrooms and two bathrooms and is situated on an approximately 40' x 100' lot. The home requires extensive renovation throughout, offering an opportunity for those with the experience and resources to take on a significant project. R2-2 zoning permits a range of low-density residential uses, including single detached, semi-detached and duplex dwellings, subject to applicable municipal requirements. Buyers should conduct their own due diligence regarding the condition of the property, zoning, permitted uses and any future plans for the property. Property is being sold in as-is, where-is condition.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $1,969 |
| Lot Size | 39.6 ft x 99.96 ft |
| mls© Number | X13724026 |
| Listed By | RE/MAX ICON 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%
- $1,023
- Property tax
- $164
- Heat allowance
- $150
- Housing costs
- $1,337 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$41,000
gross annual household income
- Payment at 4%
- $841 / mo
- Cash down
- $39,980
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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