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Listed 18 days ago

1201 PATANN Drive N

East D, London East

$459,900

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to this solid, well-built 2+1 bedroom home offering plenty of potential for buyers looking to make a space their own. Featuring 2 three-piece bathrooms, some hardwood flooring, vinyl windows and a functional layout with a convenient side entrance.The home is ready for updating throughout, but offers solid bones and a great opportunity to renovate and add your own personal style. The finished lower level provides additional living space, a third bedroom and a second 3-piece bathroom.Additional features include an owned hot water heater (2024) and an irrigation system. A great opportunity for renovators, first-time buyers or anyone looking for a home they can update to their own taste.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,336
Lot Size55 ft x 130 ft
mls© NumberX13851924
Listed ByBLUE FOREST 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%
$2,354
Property tax
$278
Heat allowance
$150
Housing costs
$2,782 / mo

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

Down payment20% · $91,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,935 / mo
Cash down
$91,980

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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