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New4 days ago

39 Balmoral Avenue

East C, London East

$419,900

Detached|Bungalow
1 | 1 | 2
About this home

Welcome to 39 Balmoral Avenue - a charming 1940s bungalow tucked onto a mature, tree-lined street just minutes from downtown London. Full of character, this inviting home offers beautiful hardwood floors, a bright living room with classic fireplace detail, a comfortable dining area and an updated-style kitchen with white cabinetry, subway tile backsplash and granite-style counters. The partially finished lower level, complete with separate entrance, adds valuable flexible space for a recreation room, home office, gym or future possibilities. Outside, enjoy an expansive, private backyard with mature trees, established gardens, raised beds, a pergola and storage shed - a wonderful space to relax, entertain or put your own gardening ideas to work. With shopping, restaurants, parks, transit and downtown conveniences all close by, this is an excellent opportunity for a first-time buyer looking to get into the London market and make a home their own. Come see the possibilities!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,785
Lot Size44.98 ft x 110 ft
mls© NumberX13797380
Listed ByCENTURY 21 HERITAGE HOUSE 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%
$2,149
Property tax
$315
Heat allowance
$150
Housing costs
$2,615 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

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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