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Listed 7 months ago

7 Edwin Drive

South P, London South

$1,199,999

Detached|Bungalow
5 | 4 | 8
About this home

Welcome to 7 Edwin Drive, a remarkable residence where upscale living, exceptional space, and multi-generational design come together in the highly coveted Highland neighborhood of South London. Properties in this prestigious community rarely become available, making this an opportunity not to be missed. From the moment you enter, this home makes a lasting impression: soaring 15-foot ceilings with crown moulding, grand ornate chandeliers, elegant marble kitchen finishes and original cherry Brazilian hardwood floors that flow throughout the main level. Thoughtfully designed for both comfort and versatility, this home offers three bedrooms on them main floor, two bedrooms on the lower level, full bathrooms, kitchens, gas fire place and jacuzzi tub on each level. The main bedroom comes with his and hers walk-in closets and ensuite. The renovated lower level is completely separate, features engineered hardwood floors, legal-sized windows, spacious living area with 120 inch screen projector and sound system making it ideal for entertaining or extended family dual-household living. The extra large double-car garage, with access to both the main floor and lower level provides valuable ease for day-to-day convenience. Outside, the property transforms into a private retreat. The backyard features two tranquil ponds, gas lines ready for outdoor heaters, and spacious deck perfect for summer barbecues. Mature landscaping and a serene setting create the perfect space to unwind. Situated on a quiet corner lot and just moments from shopping, golf courses, public amenities and more, this home offers not only comfort but an elevated lifestyle in one of London's most desirable neighborhoods.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$9,240
Lot Size71.23 ft x 109 ft
mls© NumberX12736050
Listed ByCENTURY 21 FIRST CANADIAN CORP

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$770
Heat allowance
$150
Housing costs
$7,062 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $240,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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