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Listed 13 days ago

1 Tanner Drive

East P, London East

$519,900

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

Welcome to 1 Tanner Drive, a move-in-ready, two-storey home offering three bedrooms and 1.5 bathrooms in one of London's desirable quiet neighbourhoods. Conveniently located near Highway 401, East Park, highly rated schools, shopping, parks and everyday amenities, this home is ideal for families. The main floor features a bright, spacious living room with large windows, a two-piece bathroom and a lovely kitchen with an open-concept peninsula overlooking the dining area. Sliding doors lead to a fully fenced backyard complete with a large deck, gazebo and storage shed, perfect for relaxing or entertaining. The driveway provides parking for three to four vehicles. Upstairs, you'll find three spacious bedrooms, each with a closet and large windows providing plenty of natural light, along with a four-piece bathroom. The partially finished basement offers additional living and storage space. Additional features include vinyl windows throughout, a 100-amp breaker panel, and a furnace and central air conditioner installed approximately in 2018. Located in a quiet, family-friendly neighbourhood, this welcoming home is ready for its next family!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,212
Lot Size32.89 ft x 99.04 ft
mls© NumberX13753066
Listed ByTHRIVE REALTY GROUP 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%
$2,661
Property tax
$268
Heat allowance
$150
Housing costs
$3,079 / mo

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

Down payment20% · $103,980
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$103,980

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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