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East B, London East
$670,000
In the heart of London's Old North, an exceptional opportunity awaits buyers looking for an oversized (1,800+ sf) 4 bed, 2 bath, classic Old North home with an amazing twist ... a stunning 220 sf post and beam great room addition (1999). This bright, open space is where celebrations will be held, meals will be shared and memories will be made and is complimented by the beauty of classic yellow brick Century home features. The versatile layout will appeal to families, professionals looking for in-home business space and investors alike. The large backyard is truly a natural pleasure with its wandering path, pond and raised gardens, garden shed and insulated shed/workshop. Plenty of private parking plus easy access to bus routes and bike lanes. Updates include flooring, windows, electrical (1998), HY-GRADE steel roof (2008 & 2011), Ruud high Efficiency furnace (2013), basement insulation, replaced water line to the City water supply and main sewer upgrade (2008) to name a few. R2-2 zoning provides multi family opportunity. Minutes from St. Joseph and University Hospitals, Western U, Old North's dining and shopping and downtown, 834 Colborne St. is a unique property offering an amazing opportunity for families, professionals and income property investors.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,183 |
| Lot Size | 41 ft x 149.29 ft |
| mls© Number | X13730534 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
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%
- $3,429
- Property tax
- $515
- Heat allowance
- $150
- Housing costs
- $4,095 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,819 / mo
- Cash down
- $134,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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