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South V, London South
$679,999
Welcome to this sprawling bungalow in the heart of Lambeth, perfectly set on an impressive double-wide lot with 110 ft of frontage. Just steps to Lambeth Public School and local shopping, this location offers everyday convenience in a charming community setting. Inside, you'll find an updated open-concept kitchen and living area, complete with sliding glass doors leading to a fully fenced backyard and patio-ideal for entertaining or relaxing. The main floor features three bedrooms and a beautifully updated spa-like 4-piece bath. The lower level adds even more living space with a large rec room with custom built-ins, oversized wet-bar and 3pc bathroom. This space offers flexibility for a play area, additional lounge, or home office. Outside, the groundwork for a future shed is already in place with electrical run to the concrete pad. Complete with a double-car garage and inside access, this home offers space, functionality, and great potential in a sought-after neighbourhood. AC unit (2020), Water Heater (2019)
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,359 |
| Lot Size | 110 ft x 133 ft |
| mls© Number | X12964338 |
| Listed By | BLUE FOREST REALTY 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%
- $3,481
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $3,994 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$123,000
gross annual household income
- Payment at 4%
- $2,862 / mo
- Cash down
- $136,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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