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Listed 19 days ago

367 Hamilton Road

East L, London East

$389,900

Detached|2-Storey
4 | 2 | 8
About this home

Great starter home! This 4-bedroom, 1.5-bath, 2-storey Victorian yellow brick home is a first-time homebuyer's dream. Blending timeless charm and character with modern updates. This affordable beauty sits on a large, private lot and features a detached double-car garage. Large private driveway allows for convenient 6 car parking. The main floor boasts high ceilings and large, airy formal living room, which is bright with ample natural light. A convenient main-floor bedroom and bathroom offer excellent privacy for guests. Major capital updates provide total peace of mind, including a new roof, brand new powder room on the main floor, updated electrical panel, recently installed furnace (2022) and a newer AC system (2018). All appliances are included.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,515
Lot Size57.9 ft x 143.96 ft
mls© NumberX13848952
Listed ByCENTURY 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%
$1,996
Property tax
$210
Heat allowance
$150
Housing costs
$2,355 / mo

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

Down payment20% · $77,980
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

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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