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Listed 2 months ago

1715 FAIRFIELD Road

South U, London South

$775,000

Detached|Bungaloft
3 | 4 | 3
About this home

Discover your path to ownership ! The Carmel Flex Design now available in Summerside ! This innovative property offers the versatility of TWO HOMES IN ONE , making it perfect for a variety of living arrangements including large families, multigenerational households, or as a smart mortgage helper with the option to rent both units separately. Featuring a generous 2888 sq ft of finished living space, this home truly has it all. The main house boasts a convenient layout with the primary bedroom on the main floor, alongside 2 additional bedrooms, a well-appointed kitchen, spacious living/dining/loft areas, and a dedicated laundry room. The lower portion of the house is fully finished and operates as a self-contained rental unit. It features appx 9 foot ceilings , carpet-free flooring throughout, 2 bedrooms, a second kitchen, a modern bathroom, separate laundry facilities, and a comfortable living room. Its private entrance located at the side of the house ensures privacy and convenience for tenants. Ironstone's Ironclad Pricing Guarantee ensures you get: 9 ft main floor ceilings, ceramic tile in foyer, kitchen, finished laundry & baths Engineered hardwood floors throughout the great room Carpet in main floor bedroom, stairs to upper floors, upper areas, upper hallway(s), & bedrooms, hard surface kitchen countertops Laminate countertops in powder & bathrooms with tiled shower or 3/4 acrylic shower in each ensuite and stone paved driveway Don't miss this opportunity to own a property that offers flexibility, functionality, and the potential for additional income. Pictures shown are of the model home. NOTE: This purchase price is the base price less HST. The HST rebate is subject to Buyers' eligibility and final approval by applicable government authorities. Buyers who do not qualify, or are unable to fulfil all eligibility requirements will be subject to all applicable additional HST on closing . Sales office locate at 674 Chelton Road , open Sat/Sund 12 to 4 .

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax---
Lot Size35.9 ft x 116 ft
mls© NumberX13515948
Listed ByRE/MAX TWIN CITY 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,967
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,117 / mo

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

Down payment20% · $155,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

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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