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Listed 19 days ago

867 Queens Avenue

East G, London East

$399,900

Detached|2-Storey
1 | 3 | 1
About this home

Sought-after OEV! Check out this great opportunity in character-filled Old East Village. Traditional red-brick century home currently set-up as two units. One bedroom on main has access to rear yard and one bedroom on upper level. Laminate and hardwood floors. Partially finished lower level. Relaxing front porch. Some replacement windows. Easily converted back to single family. Ready for quick possession. Sold as is. Some Photos have been virtually staged

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,152
Lot Size32.5 ft x 81 ft
mls© NumberX13736958
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%
$2,047
Property tax
$263
Heat allowance
$150
Housing costs
$2,460 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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