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North K, London North
$659,900
Ideal house investment in the heart of Chesham Estates on a quiet tree-lined road featuring 3 bedrooms, 2 full bathrooms, fully equipped kitchen with patio doors that open to a deck overlooking a fenced backyard , formal living & additional dining area with a corner fireplace, & a 3pc bathroom on main. Finished walkout basement has a large family room with a corner fireplace, bar area, and patio doors leading out to thebackyardperfect for outdoor entertainment & enjoyment. Steps from bus station just a short commute UWO & Chesham Park with basketballcourt, ninja warrior course, and soccer field. Within walking distance to the top-rated University Heights elementary school. Ideal for students orprofessionals. Ffurnace (2019), A/C (2020), Shingles (2020).
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,828 |
| Lot Size | 50 ft x 110 ft |
| mls© Number | X13233468 |
| Listed By | INITIA REAL ESTATE (ONTARIO) 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%
- $3,378
- Property tax
- $402
- Heat allowance
- $150
- Housing costs
- $3,930 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,777 / mo
- Cash down
- $131,980
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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