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New6 days ago

1168 Sorrel Road

East D, London East

$625,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 1168 Sorrel Road-This charming, Huron Heights ranch offers total peace of mind with major mechanical and structural updates, including a newer roof (2021), furnace & A/C (2022), modern replacement windows, and gleaming hardwood flooring throughout the main level. Newly renovated basement. The functional layout provides incredible versatility for growing families or savvy investors, featuring lower-level suite or teen retreat potential to help offset your mortgage. Step outside to a fully fenced, private backyard with an interlocking stone patio perfect for summer hosting, alongside a detached, insulated 1-car garage equipped with hydro-ideal for hobbyists, a workshop, or premium storage. Unbeatable location just steps from Fanshawe College, transit routes, shopping, and scenic parks. Just unpack and start living!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,912
Lot Size60.66 ft x 150 ft
mls© NumberX13784424
Listed BySHRINE REALTY BROKERAGE LTD.

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%
$3,199
Property tax
$409
Heat allowance
$150
Housing costs
$3,758 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

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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