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Listed 1 month ago

840 Lorne Avenue

East G, London East

$579,900

Detached|1 1/2 Storey
3 | 2 | 8
About this home

A True Beauty in Old East Village! This home has been completely rebuilt and redesigned. Everything is new from the wiring, plumbing, insulation, windows as well as all mechanicals. This home offers true peace of mind. Beautiful yellow brick masterpiece with ornate trims, covered front porch and a BRAND NEW detached garage. Loads of parking, newly finished driveway and a great rear deck. Large living room with beautiful picture window, great eat-in kitchen, all with engineered hardwood on the main. Convenient main floor 2 pc washroom. Upstairs you will find 3 good sized bedroom all with carpeting and nice closet space as well as the nicely finished 4 pc washroom. Hard to find a "Like New Home" in such an established neighbourhood. Make this true gem...yours today!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,264
Lot Size32 ft x 132 ft
mls© NumberX13779714
Listed BySUTTON GROUP PREFERRED 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%
$2,968
Property tax
$272
Heat allowance
$150
Housing costs
$3,390 / mo

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

Down payment20% · $115,980
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,980

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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