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Listed 10 days ago

22 Graydon Street

East N, London East

$429,900

Detached|Bungalow
3 | 2 | 3
About this home

Attention first-time buyers, renovators and savvy investors! Welcome to 22 Graydon Street, a solid-brick bungalow offering modern updates, flexible living space and plenty of potential in London's East End.Step inside to a bright and spacious living room featuring updated flooring, recessed lighting, an oversized front window and a contemporary tiled fireplace with floating shelves. An arched opening leads into the dining area and updated kitchen, complete with tile backsplash, generous counter space and a convenient breakfast bar.The main level includes two bedrooms and a full bathroom. The finished lower level provides a spacious recreation room, an additional bedroom or home office, a second bathroom and laundry area. Its flexible layout offers excellent potential for an in-law setup or future rental useOutside, the home features a large front porch, private driveway and a fully fenced backyard with an existing inground pool and detached garage-both offering an opportunity for the next owner to restore and customize. The detached garage has sustained fire damage, and both the garage and pool are included in their current "as-is" condition.Conveniently located near schools, shopping, public transit, Kiwanis Park, East Lions Community Centre and major routes throughout the city. A great opportunity to build equity and make this property your own!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,487
Lot Size39.85 ft x 130.33 ft
mls© NumberX13773856
Listed ByRE/MAX CENTRE CITY 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%
$2,200
Property tax
$291
Heat allowance
$150
Housing costs
$2,641 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

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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