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South I, London South
$329,900
Welcome to this well-located 2+1 bedroom home situated along a prime transit corridor in South London. Just a short walk to Victoria Hospital and offering direct transit access to downtown London, Fanshawe College, Western University, LHSC hospitals, shopping, and major employment centers, this location delivers exceptional convenience for homeowners and investors alike. This home offers a functional layout and presents an excellent opportunity to add value and make it your own. Featuring two bedrooms on the main level, an additional bedroom below, one full bathroom, and a spacious yard, the property provides plenty of potential for first-time buyers, downsizers, or savvy investors seeking a strong addition to their portfolio. With a breaker electrical panel and select vinyl windows having been updated already, this allows the next owner to focus on cosmetic improvements and personalization. Outside, enjoy a generous backyard and parking for up to three vehicles. Offering great bones, outstanding accessibility, and incredible potential, this property represents an excellent opportunity to enter the market, build equity, or expand your investment portfolio. Don't miss your chance to unlock the full potential of this conveniently located South London home.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,142 |
| Lot Size | 37 ft x 125 ft |
| mls© Number | X13462370 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
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%
- $1,689
- Property tax
- $178
- Heat allowance
- $150
- Housing costs
- $2,017 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$62,000
gross annual household income
- Payment at 4%
- $1,388 / mo
- Cash down
- $65,980
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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