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New3 days ago

119 Clarence Street

East K, London East

$369,900

Detached|Bungalow
2 | 2 | 2
About this home

Picture this: a 4-bedroom, 2-bathroom bungalow, under $370k. Well 119 Clarence is just that, and it's ready for you to add your personal touch! The main floor is where your vision comes in. Walk in to an open concept living room to kitchen layout. Two bedrooms on the main, with the primary featuring not one, but two, large closets! A large full 4 piece bathroom naturally lit by the skylight (2023) completes the main floor. Downstairs, the story gets even better. The finished basement offers a rec room, two more bedrooms, and a 2-piece bathroom with laundry. Plenty of room to grow into, or great opportunity for an in-law suite! Out back, the fully fenced yard and deck are made for long summer evenings. Parking for 2, central location, close to downtown, in a neighbourhood on the rise. Homes with this much potential at this price don't come around often. Come see how you can make 119 Clarence your home! Book your showing today.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,400
Lot Size35 ft x 123 ft
mls© NumberX14090986
Listed BySAKER REALTY CORPORATION

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%
$1,893
Property tax
$200
Heat allowance
$150
Housing costs
$2,243 / mo

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

Down payment20% · $73,980
25-yr amortization

Income needed

$69,000

gross annual household income

Payment at 4%
$1,557 / mo
Cash down
$73,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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