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South U, London South
$574,900
Welcome to Summerside, one of London's most family-friendly neighbourhoods, where excellent schools, beautiful parks, walking trails, shopping, restaurants, City Wide Sports Park, Victoria Hospital, and quick access to Highway 401 make everyday living exceptionally convenient. Offering outstanding value and entry-level pricing into this highly sought-after community, this two-storey home with a finished basement is the perfect place to put down roots. Designed for comfortable family living, the spacious main floor features a generous living room and an open-concept kitchen with an abundance of cabinetry, ample counter space, and a family-sized eating area with walkout to the fully fenced backyard, ideal for children, pets, and summer entertaining. A convenient powder room completes this level. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite, along with excellent closet space and a well-appointed main bathroom. The finished lower level adds even more living space with a large recreation room, an additional bathroom, and storage to keep everything organized. The backyard has a great outdoor living space and is the perfect size for kids and pets. Situated on a quiet, family-oriented street in one of London's most desirable neighbourhoods, this home offers an exceptional opportunity for first-time buyers, young families, or anyone looking to enjoy the lifestyle Summerside is known for. Spacious, functional, and in a location you'll love, this is a home you'll be proud to call your own.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,090 |
| Lot Size | 26 ft x 105 ft |
| mls© Number | X13640572 |
| Listed By | SUTTON GROUP - HODGSON 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%
- $2,943
- Property tax
- $341
- Heat allowance
- $150
- Housing costs
- $3,433 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,419 / mo
- Cash down
- $114,980
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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