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Listed 13 days ago

686 Elias Street

East G, London East

$462,000

Detached|1 1/2 Storey
5 | 2 | 4
About this home

Welcome to 686 Elias Street in the revitalized Old East Village! This extensively updated 5-bedroom, 2-bathroom home offers approximately 1,577 sq. ft. of comfortable living space has been updated from top to bottom. Features include 9 foot ceilings in main level, all-new electrical, new furnace, new A/C and new Hot water tank (ALL OWNED), plus a fantastic 4-season heated front sunroom. The long driveway provides parking for multiple vehicles, while the large detached garage is ideal for hobby enthusiasts, workshop space, or additional storage. Stainless steel appliances come included to make this property completely worry free and move in ready or a turnkey property to add to you're investment portfolio with excellent income potential. Conveniently located close to the shops, restaurants, cafes, public transit, parks, and amenities of Old East Village. A move-in-ready home offering plenty of space, updates, and exceptional parking. Priced to sell.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,018
Lot Size33 ft x 112 ft
mls© NumberX13872296
Listed ByEXP REALTY

Listing History

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  • 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%
$2,365
Property tax
$252
Heat allowance
$150
Housing costs
$2,766 / mo

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

Down payment20% · $92,400
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,944 / mo
Cash down
$92,400

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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