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Listed 2 months ago

47 Fairlane Crescent

South K, London South

$774,900

Detached|Sidesplit
3 | 3 | 6
About this home

A+ neighbourhood, beautiful backyard, inground pool, double car garage, 47 Fairlane Crescent is the Byron home families wait for. Tucked onto a well-kept crescent in the heart of Byron, this classic 5-level split offers the space, setting and lifestyle that make this neighbourhood so loved. The secluded backyard is the showpiece. Designed for summer living it features a stunning inground, heated pool, beautiful landscaping, turf, pool shed and multiple sitting areas where friends can gather, relax and enjoy long summer days. Inside, pride of ownership is evidentthroughout. The bright main living room offers a large south-facing bay window, while the dining area and kitchen overlook the backyard, open to the family room below and offer potential to be reimagined into a larger kitchen and gathering space. The walkout family room features a wood burning fireplace and direct access to the yard, making indoor-outdoor living easy. Upstairs offers three bedrooms, a full bathroom and a primary bedroom with ensuite. The lower levels provide excellent flexibility with a bedroom plus a great flex room perfect for a teen hangout, playroom, gym or media space. Updates include most windows, lighting, flooring and siding, pool heater, retaining wall and freshly painted. In move-in condition with a double wide garage and drive, on a great street with excellent schools nearby, this home also delivers the Byron lifestyle: a unique village centre with restaurants, groceries, pharmacy, shops, parks, and even Byron's own ski hill. Several golf courses are close by, alongwith Springbank Park and its 40 km of riverfront trails for biking, walking, and running. If you are looking for an A+ Byron neighbourhood, a pool, a beautiful backyard, and a home your family can settle into and enjoy, 47 Fairlane is the one.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,616
Lot Size56 ft x 103 ft
mls© NumberX13475740
Listed BySUTTON GROUP - HODGSON REALTY INC.

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%
$3,966
Property tax
$468
Heat allowance
$150
Housing costs
$4,584 / mo

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

Down payment20% · $154,980
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$154,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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