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Listed 9 days ago

11 Rathmine Street

East L, London East

$259,995

Detached|Bungalow
4 | 1 | 1
About this home

Impressivelly priced, this charming single-family bungalow sits on a private dead end street. Rathmine Street offers a well curated pocket with owners that genuinely have pride of ownership in their homes and act as a community of solid 'neighbourly' neighbours. This four bedrooms property is priced well to make for an ideal starter home, investment or flip opportunity with ample value potential, or as a quaint option for retirees and down-sizers. This property is being presented as a blank slate for new home owners to curate and finish the space to their preferences; making this an ideal handyman special, with the price of entry offering solid margins for those looking to improve the property. The property features a single car private parking (with addtional overflow parking on Little Simcoe St), a private gated and fenced in yard with a sizeable solid shed including an additional covered outdoor storage space. Electrical servicing upgrade to property is 200 AMPs done in 2025; wiring throughout property is copper wiring and electrical panel is 125 AMP breaker panel. Showings are encouraged anytime for this vacant property and offers are also welcome anytime!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$1,559
Lot Size28.06 ft x 90.09 ft
mls© NumberX13885474
Listed ByEXP REALTY

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%
$1,331
Property tax
$130
Heat allowance
$150
Housing costs
$1,611 / mo

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

Down payment20% · $51,999
25-yr amortization

Income needed

$50,000

gross annual household income

Payment at 4%
$1,094 / mo
Cash down
$51,999

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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