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Listed 1 month ago

9 Yarmouth Drive

East I, London East

$638,750

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

LOCATION, LOCATION, LOCATION on a PREMIUM builders lot on the north side of Yarmouth backing on to Forest View Park, with its many mature trees that have not left room for play equipment. This home welcomes you with newer flooring on the main floor and bedroom levels. The Master Bedroom enjoys a 5 piece cheater ensuite enabling two people to get ready at once. Double vanities in the upper bathroom allow for more versatility for the entire family. A fourth bedroom and 3 piece bathroom on the third floor provide further versatility and convenience. A large bright family sized kitchen with a skylight overlooks the Family Room. The gas fireplace is ready for your use this winter. Two good sized living spaces to enjoy in this home and a third one awaiting completion in the basement should you so desire. Two steel I-beams in that basement space indicate the quality build of Drewlo. A large cold storage keeps beverages and other storage items away from the living space. The utilities for the home are nestled in the basement behind the garage. The backyard provides a place to retreat every day to the private side patio, the pool, or sitting in the backyard enjoying seeing the trees that are the rear neighbours on the other side of the privacy fence. Come home to the double garage with inside entry and protect your vehicles from the elements, particularly in the winter with the snow, ice, and moisture. This home showcases 2,563.28 square feet of interior Home Sweet Home. Come see VALUE and LOCATION for yourself in this quiet desirable east end neighbourhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,778
Lot Size43.77 ft x 125.07 ft
mls© NumberX13618988
Listed ByRE/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%
$3,269
Property tax
$398
Heat allowance
$150
Housing costs
$3,818 / mo

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

Down payment20% · $127,750
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,688 / mo
Cash down
$127,750

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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