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Listed 29 days ago

223 Birchmount Street

South L, London South

$869,000

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

Located at 223 Birchmount St., this charming and well-maintained bungalow boasts a bright and spacious open-concept main floor featuring a versatile front room ideal for a home office or dining area, along with three generous bedrooms, brand-new three-quarter-inch engineered hardwood flooring throughout, and a brand-new fridge and stove for modern convenience, complemented by three full bathrooms. The fully finished basement provides two additional bedrooms with a convenient separate entrance directly from the garage, offering outstanding potential for a private granny suite or secondary living unit that requires only the addition of a kitchen to be fully operational. Outside, the property includes a durable concrete driveway for easy parking and a concrete back porch for relaxing outdoor living, all situated in a great school district and within close proximity to shopping, parks, transit, and every essential amenity, making this turn-key home perfect for growing families or investors seeking built-in income potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,890
Lot Size56.45 ft x 132.81 ft
mls© NumberX13635024
Listed ByPINHEIRO REALTY LTD

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%
$4,448
Property tax
$574
Heat allowance
$150
Housing costs
$5,172 / mo

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

Down payment20% · $173,800
25-yr amortization

Income needed

$159,000

gross annual household income

Payment at 4%
$3,657 / mo
Cash down
$173,800

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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