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South L, London South
$869,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,890 |
| Lot Size | 56.45 ft x 132.81 ft |
| mls© Number | X13635024 |
| Listed By | PINHEIRO 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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