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New3 days ago

42 Graham Crescent

East N, London East

$509,900

Detached|Bungalow
2 | 2 | 5
About this home

Welcome to 42 Graham Crescent - a charming red brick bungalow nestled on a mature, tree-lined crescent. This well-maintained 2+1 bedroom home blends original character with thoughtful updates throughout. The main floor features two bedrooms, a renovated 4-piece bathroom, and a bright living room with a large window and pot lighting. The updated kitchen offers a tiled backsplash and built-in microwave, while the dining room showcases a lovely original built-in corner cabinet and the warmth of the home's original hardwood floors.The lower level provides excellent additional living space with a spacious recreation room, 3rd bedroom currently used as a playroom, convenient 2-piece bathroom, laundry and plenty of storage.Outside, enjoy a fully fenced yard with a wood deck, mature landscaping and a single detached garage. Recent updates include windows (2022), roof (2016), and furnace and central air (2023). Ideally located within walking distance to Kiwanis Park, with shopping and everyday amenities nearby. A wonderful opportunity in a quiet, established neighbourhood!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,420
Lot Size45 ft x 125 ft
mls© NumberX13800712
Listed ByRIGHT AT HOME REALTY

Listing History

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  • 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%
$2,610
Property tax
$285
Heat allowance
$150
Housing costs
$3,045 / mo

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

Down payment20% · $101,980
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$101,980

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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