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Listed 2 months ago

78 Olympic Crescent

North I, London North

$600,000

Detached|Backsplit 4
3 | 2 | 2
About this home

Welcome Home. This beautiful well-cared 5 bedrooms backsplit house located in one of North London's most sought-after neighborhood. This duplex zoned home close to Sherwood forest mall and Canada Games Aquatic Center with bus route to UWO and Fanshawe. The generous bright family room and updated quartz countertop kitchen provide endless family activities. The main floor laundry gives a easy access for the routine work. The 3 good sized bedrooms and modernized bathroom on the upper level make a comfort living a reality. The stylish zebra blinds control the natural light and privacy handily. The separate entrance to the lower level offers 2 bedroom, 3 pieces bathroom, laundry and kitchen for in-law suite which provide a flexible owner-occupants and investment value. The fully fenced yard and deck give a plenty of room to relax and entertainment. The carpet free, truly move-in ready house offer a great opportunity of the enjoying comfort, convenient and modern lifestyle. Don't miss out the great opportunity for owning a sweat home and a helpful potential rental income.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$3,834
Lot Size36.09 ft x 99.19 ft
mls© NumberX13579148
Listed ByRIGHT AT HOME REALTY

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%
$3,071
Property tax
$320
Heat allowance
$150
Housing costs
$3,541 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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