57 Britannia Avenue
North N, London North
$300,000
Attention builders & renovators this 2 bedroom, 1 bathroom bungalow in "as is condition" is on a large 50 x 161 lot in North London. The existing home requires major renovations and the value is in the land. Parking for 4-5 cars with single garage. Walking distance to Cherryhill Mall and located minutes from downtown. With this prime location there is lots of potential for the right buyer. This is an estate sale and being sold as is, where as is with no warranties or guarantees.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $3,235 |
| Lot Size | 50 ft x 161.25 ft |
| mls© Number | X13730328 |
| Listed By | RE/MAX CENTRE CITY REALTY INC. |
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%
- $1,536
- Property tax
- $270
- Heat allowance
- $150
- Housing costs
- $1,955 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$60,000
gross annual household income
- Payment at 4%
- $1,262 / mo
- Cash down
- $60,000
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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