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New3 days ago

1688 Trafalgar Street

East H, London East

$579,000

Detached|Bungalow
3 | 2 | 4
About this home

Beautifully maintained Brick Bungalow , lovingly cared for the owners. Conveniently located with easy highway access, this home offers a quick commute to the college and is close to a wide range of amenities. The main level features an open-concept living room with wood-burning fireplace, renovated kitchen (2017), 3 generous bedrooms and 1 full bathroom. The lower level offers 2 bedrooms, 1 full bathroom, an additional KITCHEN and SEPARATE ENTRANCE, providing excellent flexibility for extended family or potential rental use. Enjoy a large fenced yard with sheds, a spacious deck, gardens and fruit trees. Double driveway, roof (2014), central air (2016), R2-2 zoning and flexible closing.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,883
Lot Size50 ft x 152.5 ft
mls© NumberX13803150
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%
$2,964
Property tax
$240
Heat allowance
$150
Housing costs
$3,354 / mo

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

Down payment20% · $115,800
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

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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