28 Essex Street, London North (North K), Ontario, N6B1G2




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$699,900
London North
This 4-bedroom, 2-bathroom home in London North is for sale offering roughly 350 sq ft of space. Its $699,900 asking price sits right in line with the $718,000 median in London North. It has been on the market 4 days, fresher than the London North average of 49 days.
A GREAT OPPORTUNITY FOR INVESTORS AND FIRST-TIME BUYERS! Located in the heart of London, this fully finished bungalow offers a practical and versatile layout with 2+2 bedrooms and 2 full bathrooms. Offering potential market rental income of approximately $3,000/month, this property presents an attractive opportunity for those looking to enter the investment market or add to an existing portfolio. Offered with vacant possession and available immediately, the possibilities are yours to explore. A property with flexibility, affordability, and long-term potential! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 4 days on market, against an average age of 49 days across the listings currently for sale in this city
This 4-bed single family in London North (North K) has been listed for 4 days, which is 45 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 14.2× the local median household income of $49,200.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 178% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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