Listed 2 months ago
4242 Colonel Talbot Road
South V, London South
$599,000
Detached|1 1/2 Storey
3 | 2 | 3
About this home
Built in 1900, this yellow brick 1.5 -story is a must-see! Electrical, furnace, and air conditioning all updated. Kitchen and 2 baths also updated on a large lot that is fully fenced in the rear yard in beautiful Lambeth.
Extras
No extras listed.
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No upcoming open houses.
| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,523 |
| Lot Size | 76.56 ft x 203.86 ft |
| mls© Number | X13578234 |
| Listed By | SUTTON GROUP PREFERRED 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%
- $3,066
- Property tax
- $294
- Heat allowance
- $150
- Housing costs
- $3,510 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $119,800
25-yr amortization
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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