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Listed 27 days ago

118 Delaware Street

East M, London East

$489,900

Detached|1 1/2 Storey
2 | 2 | 5
About this home

From the front door enter into a large living room featuring new LED pot lights and an electric fireplace, with an inset TV space for a clean and spacious entertainment area. The open concept main floor also features a 2 piece bathroom, kitchen including a large island with ample storage, full size pantry and a side door that allows quick backyard access, to bringing your groceries in without trekking through the house. Endless amount of windows throughout offer natural light and fresh air. New Central air combined with the forced air gas furnace for peace of mind and great climate control. The upper level includes a primary bedroom with two closets, a second bedroom with closet and full bathroom. Additional living space in the lower level you will find a large bedroom or play/games room, ample storage in the utility room plus a private graded entrance! This corner lot provides a large fenced yard ideal ready for your planning exterior design. Featuring two driveways, this corner lot offers an oversized sized & insulated detached one car garage complete with heater and plenty of room for a workshop.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,481
Lot Size55.77 ft x 99.91 ft
mls© NumberX13818144
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%
$2,508
Property tax
$207
Heat allowance
$150
Housing costs
$2,864 / mo

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

Down payment20% · $97,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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