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Listed 18 days ago

9 Pearl Street

East L, London East

$680,000

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to 9 Pearl street.You are guaranteed to be impressed with this home - much larger than it looks! Totally renovated and updated open concept 2 bedroom, 2 bathroom home in the heart of London. The main floor offers 10 foot ceilings, open floor plan, laundry room and a HUGE kitchen. 2 bedrooms on the main floor including a master bedroom with large walk in closet and gorgeous ensuite. The lower level is finished and ready for entertaining. All main floor windows have been recently updated. Backyard is large and completely fenced. All you have to do is move in and enjoy!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,101
Lot Size40 ft x 0 ft
mls© NumberX13739322
Listed ByACHIEVERS 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%
$3,481
Property tax
$258
Heat allowance
$150
Housing costs
$3,889 / mo

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

Down payment20% · $136,000
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,862 / mo
Cash down
$136,000

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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