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Listed 1 month ago

966 Glenbanner Road

South Y, London South

$829,900

Detached|Bungalow
3 | 3 | 8
About this home

Private, treed half acre property right in the city! Opportunity awaits! Over 2,200 sqft of finished living space in this 3+2 bedroom home that is perfect for a growing family.The main floor features a primary bedroom with a 3 piece ensuite and a walk-in closet, alongside 2 spacious bedrooms, a 4 piece bathroom, and convenient main floor laundry. Fully finished basement is high and features epoxy flooring, a wet bar area, 2 additional bedrooms, a 4 piece bath and lots of storage. Attached 1.5 car garage. Large 26'x16' composite deck with included gazebo. Extensively renovated in 2020, with recent updates including furnace, A/C, appliances, and freshly painted throughout. DEVELOPMENT POTENTIAL - Ask the city about an additional residential dwelling or multi units - multiple possibilities here with this half acre for future minded investors! Located minutes to White Oaks Mall, public transit, Hwy 401, Victoria Hospital LHSC, groceries, schools, park and so much more! A truly very special property!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,593
Lot Size113 ft x 193.5 ft
mls© NumberX13605352
Listed ByBLUE FOREST 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%
$4,248
Property tax
$383
Heat allowance
$150
Housing costs
$4,781 / mo

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

Down payment20% · $165,980
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,492 / mo
Cash down
$165,980

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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