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East N, London East
$429,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,487 |
| Lot Size | 39.85 ft x 130.33 ft |
| mls© Number | X13773856 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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