764 King Street

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$445,000

764 King Street

East L, London East · MLS® X13555242

323

House · Single Family · 103 days on market

listed by PERRY CASKANETTE, SUTTON GROUP - SELECT REALTY INC.

realtor's description

Great property to add to your investment portfolio. New tenant on month to month rental basis. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is tenanted with rent of $2500 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
parking: 3
property tax: $2,297 / yr
days on market: 103
MLS®: X13555242

features

Carpet Free
Washer
Refrigerator
Stove
Dryer

monthly cost

$2,130/mo

Mortgage $1,939 · Tax $191

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,939/ monthly

loan $356,000

25-year amortization

down payment20% · $89,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $225,647
cash to close: $89,000; down payment; transfer tax and fees not included
total paid: $581,647

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.