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Listed 7 days ago

208 Linwood Street

East C, London East

$498,999

Detached|Bungalow
3 | 2 | 5
About this home

Wonderful family home or excellent investment opportunity. Well maintained and centrally located close to both Western and Fanshawe on a quiet street. This property offers a large lot, 455 square foot detached workshop, and lower level self-contained apartment with separate entrance, currently not licensed. Lower unit currently vacant. Main floor and lower level both have full kitchens, full bathrooms, and both have in-unit laundry facilities. Furnace, air conditioner, roof, and windows have all been updated. Fully fenced, private backyard includes a 12x24 ft beautiful deck, and shed along with the 33 ft by 13 1/2 ft workshop. All appliances included. Rarely do properties become available in this price range, that have so much to offer.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,967
Lot Size45 ft x 122 ft
mls© NumberX13778410
Listed BySUTTON GROUP PREFERRED 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%
$2,554
Property tax
$247
Heat allowance
$150
Housing costs
$2,951 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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