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Price Change$609,890

285 Panorma Crescent

South J, London South

$589,900

Detached|Sidesplit 4
4 | 2 | 5
About this home

This beautifully refinished four-level side split has income potential! It features a separate back entrance, four spacious bedrooms and a huge backyard with a raised deck that includes a tasteful steel roof gazebo. There's also an attached garage for plenty of storage and a double-wide driveway that can hold up to six cars. The backyard offers generous space for entertaining guests or letting the kids enjoy their own private oasis. It's fully fenced, has a large outdoor shed and a hot tub (negotiable). Plus, there's a bonus three-year-old metal roof. The home has plenty of tasteful upgrades professionally done throughout. It's close to amenities like major shopping centres, schools, Highway 401, a hospital, library, and community centre. It's turn-key and ready for your own personal touches.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit 4
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,800
Lot Size179.28 ft x 60.18 ft
mls© NumberX13651450
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$3,019
Property tax
$317
Heat allowance
$150
Housing costs
$3,486 / mo

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

Down payment20% · $117,980
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

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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Comparable sales

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