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New4 days ago

320 Culver Place

East H, London East

$514,900

Detached|Bungalow
2 | 2 | 5
About this home

Outstanding value for this fully finished home located on a pretty, tree lined, quiet, court location. This home has been owned by the same owners for 31 years and has been wonderfully maintained. Neat, clean, tidy and move in condition, the upgrades over the years include, shingles, all windows and doors, heating, eaves, front bricking, bathrooms and electrical (200 amp and copper throughout) and hot water heater (owned). Beautiful living room with picture window leading to an eat in kitchen and dining area, 2 bedrooms (can convert back to 3) and 4 pc bath. All of this plus a fully finished lower level featuring a second bathroom and a family room equipped with a with a gas stove and an additional bedroom (non-egress window). Enjoy the long driveway big enough for 5/6 cars and the over sized fenced backyard with large shade tree.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,604
Lot Size48 ft x 125.42 ft
mls© NumberX13795996
Listed ByEXP REALTY

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%
$2,635
Property tax
$300
Heat allowance
$150
Housing costs
$3,086 / mo

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

Down payment20% · $102,980
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$102,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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