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East L, London East
$389,900
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.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,515 |
| Lot Size | 57.9 ft x 143.96 ft |
| mls© Number | X13848952 |
| 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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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