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South V, London South
$885,000
**MOVE-IN READY & EXCEPTIONAL VALUE!** This less-than-5-year-old home offers **2,925 sq. ft. of thoughtfully designed living space** on a premium **50 x 114 ft. lot**, with **immediate possession available**. Featuring **4 bedrooms, 4 bathrooms, and parking for up to 6 vehicles**, this home offers an ideal blend of space, comfort, and functionality. Enjoy the convenience of **appliances, window coverings, completed finishes, fresh paint, and numerous upgrades** already in place, including approximately **$72,000 in builder upgrades and recent improvements**. The well-designed main floor features a spacious living room, formal dining room, family room, bright breakfast area, and versatile office/mudroom. Large windows fill the home with natural light, while modern finishes and stylish accent walls create a warm and inviting atmosphere. The unfinished basement offers excellent potential for additional living space or a future secondary suite, **subject to municipal approvals and applicable requirements**. Located in the desirable **Lambeth community**, approximately **300 metres from Lambeth Public School**, reportedly rated **8.1**, and conveniently close to **Highways 401 & 402**, shopping, restaurants, cafés, banks, pharmacies, Westwood Power Centre, and Victoria Hospital. An excellent opportunity for families looking for a newer home with extensive upgrades, a generous lot, ample parking, immediate possession, and future basement potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 0-5 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,160 |
| Lot Size | 50.19 ft x 114.25 ft |
| mls© Number | X13524244 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $4,530
- Property tax
- $680
- Heat allowance
- $150
- Housing costs
- $5,360 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$165,000
gross annual household income
- Payment at 4%
- $3,724 / mo
- Cash down
- $177,000
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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