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South U, London South
$699,000
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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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,641 |
| Lot Size | 48.82 ft x 114.29 ft |
| mls© Number | X13459006 |
| Listed By | LPT 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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