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Listed 3 months ago

982 Medway Park Drive

North S, London North

$829,900

Detached|Bungalow
2 | 3 | 4
About this home

Located in Medway Meadows in London's North-West, 982 Medway Park Drive welcomes those looking to downsize into a great Condo alternative or a professional couple desiring quality living space, great for entertaining and relaxing. A great home, boasting 2 +1 generous sized bedrooms, three full bathrooms and main floor laundry, and a large finished lower level. A wide range of amenities are a short distance away including No-Frills, Shoppers Drug Mart. Masonville Mall, Big Box shopping, University Hospital and Western University. Step through the front door into a welcoming foyer, opening to the generous living room featuring a tray ceiling that compliments the 9 ft ceilings and enhances the spacious open plan. The custom kitchen offers a generous amount of cabinetry, granite counter tops, and large centre island that becomes the heart of the home. The Primary bedroom is a generous size with a 9 ft. ceilings, walk in closet and a 5 piece ensuite with a custom glass & tile shower. The lower level features 1 bedroom, an additional 3 piece bathroom, sprawling recreational room with gas fireplace and the perfect area for a play room or home office. The basement also features loads of storage space. Enjoy a relaxing time on your covered rear deck with rollout awning, overlooking the fully fenced rear yard. This home features engineered hardwood floors, porcelain tile and many quality appointments for the discerning couple or retired couple looking to make this their home.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$6,940
Lot Size50.03 ft x 115.35 ft
mls© NumberX13158192
Listed ByRE/MAX ADVANTAGE REALTY LTD.

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%
$4,248
Property tax
$578
Heat allowance
$150
Housing costs
$4,976 / mo

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

Down payment20% · $165,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,492 / mo
Cash down
$165,980

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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