$ 850.000

423 Paterson Avenue, London

47 Photos

423 Paterson Avenue, London, ON N5W5C8 Photo 2

423 Paterson Avenue, London, ON N5W5C8 Photo 3

423 Paterson Avenue, London, ON N5W5C8 Photo 4

423 Paterson Avenue, London, ON N5W5C8 Photo 5

423 Paterson Avenue, London, ON N5W5C8 Photo 6

423 Paterson Avenue, London, ON N5W5C8 Photo 7

Bedrooms: 6
Bathrooms: 4
Living area: 2070 sqft

MLS®: 40552997
Added: 55 days ago

Property Details

Investors alert! Located in prime rental area in East London close to bus route to Fanshawe College. Main floor large 2 bedroom with some hardwood flooring, upper level contains 2 one bedroom units with some hardwood flooring and lower level 2 bedroom unit. Well maintained with updates including new 200 amp hydro panel, newer windows, doors and shingles. Large workshop/storage building once a garage, could be converted back. Ample parking & coin operated washer and dryer. (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Heating: Natural gas, Other
Stories: 2
Basement: Finished, Full
Year Built: 1937
Directions: WEST OF CLARKE ROAD
Living Area: 2070
Lot Features: Laundry- Coin operated
Photos Count: 47
Water Source: Municipal water
Parking Total: 7
Bedrooms Total: 6
Structure Type: Fourplex
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: East H
Tax Annual Amount: 3579.86
Exterior Features: Brick, Vinyl siding
Foundation Details: Poured Concrete
Zoning Description: R2-3
Number Of Units Total: 4

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Nearby Places

Name	Type	Address	Distance
East Side Mario's	Restaurant	1915 Dundas St	0.3 km
Knights Inn London	Lodging	1739 Dundas St	0.7 km
Clarke Road Secondary School	The school was founded in 1956 and a major 14 mill...		0.8 km
General Motors Diesel Division	The company was a manufacturer of diesel engines, ...		1.4 km
London North Centre	London North Centre (French: London-Centre-Nord; f...		1.9 km
CIXX-FM	CIXX-FM broadcasts at an effective radiated power ...		2.0 km
Fanshawe College	Thomas and Woodstock, with additional locations in...		2.0 km
Fanshawe College - London Campus	School	1001 Fanshawe College Blvd	2.1 km
Thames Valley District School Board	It was created on January 1, 1998, by the amalgama...		2.5 km
John Paul II Catholic Secondary School	It is located at 1300 Oxford Street East, at the n...		2.6 km
Norm Aldridge Field	The baseball diamond has the same dimensions as La...		2.6 km
Robarts School for the Deaf	Teachers are both deaf and hearing...		2.7 km

423 Paterson Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 423 Paterson Avenue. The current price of the property is $850,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $680,000. This would result in a monthly mortgage payment of $3,975 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	30
Certificate of Qualification	25
College	150
University degree at bachelor level or above	35

Neighbourhood Marital Status Stat

Married	250
Widowed	35
Divorced	45
Separated	25
Never married	215
Living common law	70
Married or living common law	320
Not married and not living common law	325

Neighbourhood Construction Date

1961 to 1980	80
1981 to 1990	20
1991 to 2000	40
2001 to 2005	10
1960 or before	165

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