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626 First Street 505, London East, ON N5V 2A2 | Condo Apartment for Sale in London East | CondoPoint | CondoPoint

$349,000

626 First Street 505, London East, ON N5V 2A2

4Bedrooms

2Bathrooms

1Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityLondon East

NeighbourhoodEast H

Days on Market57 Days

ExposureWest

Property Description

Investment opportunity! This top-floor condo is conveniently located across from Fanshawe College. is offered turn-key and currently retrofit to accommodate 4 single student rental rooms, kitchen and 2 full baths. Can also be easily reversed back to a single family unit. All bedroom furnishings are included - smart tv'...

Property Details

Construction MaterialsBrick

Approximate Age0

MLS StatusNew

MLS #X13214794

Annual Taxes$2,028

Maintenance Fees$536

Maintenance Fee IncludesWater Included, Common Elements Included, Parking Included

Cross StreetsOxford Street & Second Street

Interior Features

HeatingBaseboard (Electric)

Exterior Features

Architectural StyleCondo Apartment

Pets AllowedYes-with Restrictions

Exterior FeaturesBrick

Map

Room Details

Room details are not available for this property.

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$2,257 / month

Req. Household Income

$84,633/yr

Est. Upfront Cash

$71,300

Down Payment (20%)$69,800

5% ($17,450)50% ($174,500)

Interest Rate4.50%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$1,552

Property Taxes

$169

Maintenance Fees

$536

Req. Household Income (32% GDS):$84,633/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.