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Listed 13 days ago

16 Redan Street

East L, London East

$409,900

Detached|1 1/2 Storey
1 | 2 | 4
About this home

Welcome to this bright, beautifully renovated home, conveniently located near the many amenities London has to offer. Featuring 1,625 sq. ft. of above-grade finished living space, this move-in-ready property offers four bedrooms, including a main-floor primary bedroom, two four-piece bathrooms and convenient main-floor laundry. Renovated from top to bottom, the home showcases new flooring, fresh paint, new metal exterior doors and refreshed kitchen and bathroom vanities. Outside, you'll find parking for up to four vehicles and a spacious backyard with plenty of potential to create your ideal outdoor retreat. Perfectly priced for first-time homebuyers, this welcoming home is an excellent opportunity to enjoy modern updates, generous living space and a convenient London location.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$2,129
Lot Size36.82 ft x 143.79 ft
mls© NumberX13757030
Listed ByRE/MAX Tri-County Realty Inc Brokerage

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%
$2,098
Property tax
$177
Heat allowance
$150
Housing costs
$2,425 / mo

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

Down payment20% · $81,980
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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