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$649,999
Available - For Sale
Listing ID: X12115732
Welcome to 881 Railton Ave, a bright and spacious two-storey home on a large corner lot in a family-friendly neighbourhood. With a welcoming layout, a finished basement offering in-law suite potential, and one of the best backyard setups on the block, this home is perfect for families or those looking to generate rental income. Step inside to a warm, inviting main floor where the living room, dining area, and kitchen all connect seamlessly. Large windows fill the space with natural light, and the neutral finishes make it easy to move in and make it your own. The dining area provides direct access to the backyard, creating a smooth indoor-outdoor flow thats perfect for hosting. Upstairs, you'll find three comfortable bedrooms, including a spacious primary bedroom with vaulted ceilings, his and her closets, and private access to a large cheater ensuite. All bedrooms have closets and enjoy generous natural light throughout. Downstairs, the finished lower level adds exceptional versatility. A large recreation room with wet bar, a 3-piece bathroom, and a separate utility space offer plenty of options. Whether you're planning a future in-law suite or just want a great space to entertain, relax, or work out, this level has you covered. The backyard is a true standout. Enjoy a 28 x 16 deck with built-in seating along three sides, partially covered for shade and comfort. Theres a gas line ready for your BBQ, a fully fenced yard for privacy, and green space with a shed for extra storage. Whether its summer parties, kids at play, or quiet evenings outdoors, this yard is built for enjoyment. Additional highlights include a wide concrete driveway and side path, good-sized garage, window coverings throughout, and fresh street resurfacing completed in 2024. Located near Veterans Memorial Parkway, the 401, parks, shopping, schools, golf, and the London airport, with quick access to transit. This move-in-ready home with potential rental income and ideal location wont last long!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $78,400 $156,800 $235,200 $313,600
First Mortgage $1,489,600 $1,411,200 $1,332,800 $1,254,400
CMHC/GE $40,964 $28,224 $23,324 $0
Total Financing $1,530,564 $1,439,424 $1,356,124 $1,254,400
Monthly P&I $6,555.29 $6,164.94 $5,808.17 $5,372.5
Expenses $0 $0 $0 $0
Total Payment $6,555.29 $6,164.94 $5,808.17 $5,372.5
Income Required $245,823.26 $231,185.3 $217,806.52 $201,468.67

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RINEHART REALTY

881 Railton Aven , London East, N5V 4W3, Middlesex

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East I
Style: 2-Storey
Lot Size: x 104.50(Feet)
Approximate Age: 16-30
Tax: $3,634
Maintenance Fee: $0
Beds: 3
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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