55 Ada Street
South I, London South
$456,000
Welcome to quiet 55 Ada St, near Chelsea Green Park!Located on a peaceful street, just a stone's throw from vibrant downtown London, this home is on a direct bus route to Masonville Mall and White Oaks Mall.Features include:Open-concept layout, new kitchen with quartz countertops, 5 new appliances, vinyl click flooring, updated bathroom, fresh paint, pot lights throughout, double parking, fenced backyard with deck, and beautiful views facing the green Thames.High school and middle school are within walking distance.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,598 |
| Lot Size | 31.25 ft x 120 ft |
| mls© Number | X13536434 |
| Listed By | RE/MAX CENTRE 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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,334
- Property tax
- $217
- Heat allowance
- $150
- Housing costs
- $2,701 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$83,000
gross annual household income
- Payment at 4%
- $1,919 / mo
- Cash down
- $91,200
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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