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Listed 2 months ago

2024 Wateroak Drive

North S, London North

$1,050,000

Detached|2-Storey
3 | 4 | 4
About this home

Beautifully upgraded two-storey home with a fully finished walkout basement, backing onto a peaceful ravine, walking trail, and small stream. Designed for both everyday living and entertaining, this home features upgraded countertops, cabinetry, and flooring throughout, a stunning gas fireplace, and an elevated deck overlooking the private backyard. The walkout basement offers a covered patio, abundant storage, a workshop, and rough-in plumbing for a future bar sink or kitchenette. Outside, enjoy a professionally landscaped backyard oasis with extensive gardens, a pond, irrigation system, custom potting shed, and full fencing. Additional highlights include custom blackout blinds, custom closet organizers, central vacuum rough-in, Cat 5 wiring for networking and security, an electric pet fence, and a beautifully private setting close to nature. A rare opportunity in a sought-after neighbourhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,594
Lot Size12.22 metres x 36.1 metres
mls© NumberX13574320
Listed ByCOMFREE

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%
$5,374
Property tax
$633
Heat allowance
$150
Housing costs
$6,157 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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