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$544,900
London East
202 Michaelmas Street, London East (East C), Ontario, N5Y1N1
This 5-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space.
Great property for a family or someone that would like to live there with extra rental income. Raised bungalow with single garage in Huron Heights. Upper level contains of large open concept living/din room with kitchen, 2 bdrms and 4 pc bath. Main floor features: kitchen, 3 berms and 4pc bathroom. There is a separate entrance off the garage to the main floor. Parking for 7 cars. Many upgrades over the years: upper floor kitchen, bathrooms, flooring, furnace, a/c on-demand water heater. Currently rented $3,000.00 plus all utilities. Tenants are willing to vacate or stay and sign a new lease. Close by Fanshawe College, shopping, bus stop, restaurants. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 53 days on market, against an average age of 43 days across the listings currently for sale in this city
This 5-bed single family in London East (East C) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $544,900, about 8.6× the local median household income of $63,600.
Carrying it typically needs a household income of about $106,438 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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