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Listed 6 months ago

2743 Oriole Drive

South U, London South

$859,000

Detached|2-Storey
4 | 4 | 4
About this home

Opportunity, flexibility, and income potential - all in one exceptional property.Welcome to this beautifully maintained 4+3 bedroom, 4 bathroom home offering approximately 2,225 sq ft above grade, perfectly designed for both comfortable family living and strong rental income potential.Step inside to a bright, spacious layout with generous principal rooms, ideal for entertaining and everyday living. The home features four large bedrooms upstairs, providing comfort and convenience for growing families.The fully finished basement with separate entrance opens the door to incredible versatility. With three additional bedrooms, a full bathroom, and its own private access, the lower level offers excellent potential for in-law living, multi-generational families, or income-generating rental space.Whether you're a homeowner looking to offset your mortgage or an investor seeking strong cash-flow potential, this property delivers flexibility that is increasingly hard to find.Located in a desirable London neighborhood close to schools, parks, shopping, transit, and major amenities, this is a rare opportunity to own a large home with built-in income potential in a fantastic location.A smart investment. A comfortable family home. The best of both worlds

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,566
Lot Size38.64 ft x 99.46 ft
mls© NumberX12850688
Listed BySAM MCDADI REAL ESTATE INC.

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%
$4,397
Property tax
$464
Heat allowance
$150
Housing costs
$5,011 / mo

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

Down payment20% · $171,800
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,615 / mo
Cash down
$171,800

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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