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New4 days ago

354 Calgary Street

East H, London East

$499,900

Detached|1 1/2 Storey
4 | 2 | 4
About this home

Think you can't check all of your boxes - check this out! Let's start with the oversized lot - large, fenced, mature trees and surrounded by gardens. Morning coffee on the front porch or a glass of wine at sunset and evening entertaining on the large covered rear deck, before retiring to gather around the firepit and enjoying the serenity of your new domain. The home is spacious and offers nearly 1400 square feet of living space. With 2 bedrooms on the main level and two bedrooms on the upper level and a full bathroom on each, you have plenty of options for the kids, guests, or a multigenerational set up. Stepping in the front door you enter the foyer, currently set up as an office, surrounded by windows and natural light. Moving on, you enter the family room that flows into the updated kitchen with custom maple cabinets, stainless appliances, a pantry and plenty of room for dining. Off the rear of the kitchen is a mudroom and basement entrance. Finishing off the main level are two spacious bedrooms and a full bathroom. Being a home of this era, you will find character and styling ques throughout. Climb the stairs and you find two more bedrooms, with updated hardwood and bathroom. The addition of the dormer across the South side of the home makes for large bedrooms with more great lighting and at the end of the hall, a second full bathroom. If you need more space, the basement level offers it, while it's currently utilized for storage and utility, it offers options with ceiling height of over 6 feet - it's "high and dry". There are so many other features, that take this property from house to home. Double wide paved drive, 2 large sheds, fully fenced, cedar strip ceilings, updated windows, new front porch and maybe best of all - the sun rises and sets in your new yard! All this as well as close proximity to the East Lions Community Centre, shopping, Hwy access, pool, airport and even a neighborhood pub.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,783
Lot Size62.58 ft x 115 ft
mls© NumberX13800142
Listed ByBLUE FOREST 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%
$2,559
Property tax
$232
Heat allowance
$150
Housing costs
$2,941 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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