Room 1
Level not provided
505-626 First St
East H, London East, Ontario N5V 2A2
Description
This versatile property can be your new home or a turn-key investment opportunity! This top-floor condo is conveniently located right across from Fanshawe College, and currently accommodates 4 single student rental rooms, kitchen and 2 full baths. Current monthly RENTAL INCOME is over $3000! This property can also be easily reversed back to a SINGLE FAMILY unit at any time. BONUS: All bedroom FURNISHINGS are included - smart tv's, beds, desks, bookshelves and more! The solid brick building is equipped with an elevator and security cameras throughout. A helpful and friendly on-site building manager, 1 assigned parking spot, and water are also included in maintenance fees. Other amenities include restaurants, stores, parks, and transportation.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13619660
- Board
- TRREB MLS®
- Days on market
- Tax
- $2,213
- Size
- 800-899 sqft
- Parking
- None, 1 Parking
Listing History
Buy/Sell history for 505-626 First St, London East, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $299,000 | N/A | For Sale | X13619660 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- East H
- Municipality
- London East
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Detail
- 2, 4pc
- Basement Type
- None
- Kitchens
- 1
Utilities
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 800-899 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 1
- Total Parking
- 1
Additional
- Fireplace
- N
- Den
- N
- Family room
- N
- Extras
- fridge, stove, all existing furnishings (excluding tenants belongings) in AS-IS condition : 4 beds, 4 smart televisions, 4 bookshelves, , 4 desks, 4 desk chairs
- Condo maint.
- $536
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$1,371
- Down payment$59,800
- Mortgage amount$239,200
- Total interest$172,100
- Total cost$471,100
Cash flow analysis
$1,371
Total monthly payment
$1,555
Break-even down payment
100%
Cash flow-$1,555
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
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$299,000
$299,000
CAD
Estimated market value
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