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Listed 2 months ago

59 Adelaide Street S

South I, London South

$489,999

Detached|Bungalow
2 | 2 | 3
About this home

Charming, Expanded Bungalow with Pool, Loft & Upgrades Type: Detached Bungalow with Additions & Attic Potential Loft Bedrooms: 2 + Den Bathrooms: 1 Full + 1 Half Parking: Double-wide private driveway (3+ cars)Lot Size: Approx. 35 115 ft Extras: In-ground Pool, AC 2024, Updated Insulation, Attic Loft,2 gas fireplaces + heater in the shop to keep you extra comfortable New gutter guard for leaf protection and upgraded 5" gutters with upgraded downspouts.--Key Features Spacious interior: 11 distinct rooms including bedrooms, den, living, dining, sunroom, kitchen, and more Recent additions: Multiple expansions to the original floor plan offer more living space and flexibility Updated attic potential loft: Excellent for storage, or ready to be finished into a bedroom, home office, or studio Private backyard oasis: In-ground pool and fenced yard for entertaining, relaxing, or family fun Newer A/C unit: Recently installed for year-round comfort Brand new carpet in the basement and on basement steps Upgraded insulation: Energy-efficient updates throughout, including attic and key walls Well-maintained exterior: Brick and siding combo, with great curb appeal and mature landscaping, covered pergola for sun protection--Interior Highlights Bright and inviting living room with original character touches Formal dining room plus bonus sunroom/den Two bedrooms on the main floor + potential for more in loft or basement

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,565
Lot Size35 ft x 115 ft
mls© NumberX13517062
Listed ByOAK AND KEY REAL ESTATE BROKERAGE, 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%
$2,508
Property tax
$214
Heat allowance
$150
Housing costs
$2,872 / mo

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

Down payment20% · $98,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

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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