1942 Duluth Crescent
East I, London East
$415,000
This East London home is perfect for investors, or for a family in need of an in-law suite. The basement has a separate entrance and is accessed from the rear of the home. The main floor is currently tenanted, and the buyer must assume the current tenants upon closing. Many updates have been made to the upper level, as well as the basement. Close to major bus routes, shopping, schools, and parks.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,174 |
| Lot Size | 50 ft x 136.7 ft |
| mls© Number | X13786724 |
| Listed By | SUTTON 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%
- $2,124
- Property tax
- $348
- Heat allowance
- $150
- Housing costs
- $2,622 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $1,746 / mo
- Cash down
- $83,000
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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