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Listed 22 days ago

53 Archer Crescent

South X, London South

$599,000

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

Looking in White Oaks for 4 bedrooms on the same floor? This wonderful family home is a 2 story with lots of natural light in every room. 4 generous bedrooms and a full bathroom on the second floor. The main floor has an eat in kitchen with Patio sliding doors to the back yard, a separate dining room, living room and a powder room. Basement has a large Rec Room with room for gym equipment or office, laundry room and extra work space in the mechanical room. Single Garage, double asphalt driveway and a large fully fenced back yard with gated access from both sides. Sellers have done much of the outside updating: new roof, siding, insulation, eavestroughs, soffits, fascia, garage door, many of the windows as well as insulation.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,878
Lot Size50 ft x 100 ft
mls© NumberX13662462
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%
$3,066
Property tax
$407
Heat allowance
$150
Housing costs
$3,622 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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