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Listed 3 months ago

760 Chelton Road

South U, London South

$699,000

Detached|3-Storey
3 | 3 | 3
About this home

Welcome to this gorgeous ravine house nestled in the Summerside Neighbourhood which isSoutheast corner of the city and close to 401. Main features include unfinished walkoutbasement ,deck beside living room and lush green conservation area behind with trail.As weenter, we find powder room and 5 steps up is a airy living room with a kitchen.The gourmet kitchen is a chef's dream with wide countertops, gas stove, fridge and microwave.This grand living room has been extended to the elevated deck which is perfect for entertaining guests orenjoying peaceful moments. Five steps up , you will find laundry with washer/dryer. At the samelevel you enter the master bedroom with 5 piece washroom and a walk-in closet. Again five stepsup are two more spacious bedrooms and a 5 piece washroom. House is perfect for first time homebuyers or those who want to upgrade to a detached home from a townhome. House looks brand newand has been very well taken care off by the owner. You will fall in love at the first sight!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,641
Lot Size48.82 ft x 114.29 ft
mls© NumberX13459006
Listed ByLPT REALTY

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%
$3,578
Property tax
$387
Heat allowance
$150
Housing costs
$4,115 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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