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New2 days ago

1082 Farnsborough Crescent

East D, London East

$546,900

Detached|Backsplit 4
6 | 2 | 3
About this home

Prime Investment Opportunity Near Fanshawe College! Welcome to this all-brick, four-level backsplit offering exceptional space, versatility, and outstanding rental potential. Featuring 6 bedrooms, 2 bathrooms, and an open-concept layout enhanced by beautiful cathedral ceilings, this property is ideally suited for investors, multi-generational living, or families seeking additional space. Located just steps from Fanshawe College, this property offers a highly desirable location for student housing and long-term rental opportunities. With its generous bedroom count, solid all-brick construction, and unbeatable proximity to campus, this is an excellent opportunity to add a versatile property to your investment portfolio. Don't miss your chance to capitalize on this prime location!

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,856
Lot Size35.52 ft x 105.03 ft
mls© NumberX14096844
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$2,799
Property tax
$321
Heat allowance
$150
Housing costs
$3,271 / mo

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

Down payment20% · $109,380
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,301 / mo
Cash down
$109,380

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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