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Listed 1 month ago

42 Queen Mary Crescent

North L, London North

$724,900

Detached|2-Storey
4 | 3 | 7
About this home

Welcome to a home with timeless curb appeal, classic design, space for the whole family, and an exceptional workshop setup in one of London's most established and sought-after neighbourhoods. Car enthusiasts and hobbyists alike will appreciate the detached workshop, complete with heated floors, a dedicated office, and an included hoist. A wide-opening fence also allows vehicles to drive directly into the backyard for easy access. The well-maintained two-storey home offers four bedrooms, a functional main-floor layout, and a cozy wood-burning fireplace. Major improvements have already been completed, including the professional replacement of the main sewer line to the street in Nov 2024 and spray foam insulation in the basement for added efficiency. Other updates include a poured concrete driveway, walkways and patio, newer windows, an updated front door, and central air conditioning approximately four years old. The full basement offers excellent potential for future finishing, while the attached garage and spacious driveway provide parking for up to seven vehicles. All of this is set on a generous 80-by-130-foot lot in the desirable Hunt Club neighbourhood, close to parks, schools, public transit, and everyday conveniences. With its welcoming family layout, valuable improvements, and impressive workshop, this property offers a rare combination of comfort, functionality, and opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$6,200
Lot Size80 ft x 130 ft
mls© NumberX13621176
Listed ByEXP 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%
$3,710
Property tax
$517
Heat allowance
$150
Housing costs
$4,377 / mo

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

Down payment20% · $144,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,050 / mo
Cash down
$144,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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