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Listed 20 days ago

714 OAKCROSSING Road

North M, London North

$699,000

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

Welcome to 714 Oakcrossing Rd in prestigious Oakridge Meadows -one of London Ontario's most sought-after family neighbourhoods!(4 total parking spaces) complete this turnkey package.style, and smart investment opportunity.Freshly painted throughout with brand-new quartz countertops in kitchen and all bathrooms,plus updated bathroom cabinets and designer light fixtures.Beautiful hardwood floors and ceramic tiles throughout, open-concept living witha stunning gas fireplace in the family room walkout to private deck.Generous eat-in kitchen with new quartz counters, ceramic backsplash, and- perfect for entertaining.Oversized primary bedroom with large walk-in his and her closets andspa-inspired 4-piece ensuite featuring a jetted soaker tub.All HVAC equipment is only 2 years new and OWNED - sump pump,furnace, central air, and tankless hot water heater saving you $40-$60/month vs. rental!Ufinished basement with large windows, semi walk-out potential, and option toadd separate side entrance - ideal for in-law suite or student rental, awaits your imagination.Atached 2-car garage with garage opener, and double driveway,(4 total parking spaces) complete this turnkey package.Prime location minutes from Western University - outstanding student housing income potentialor multi-generational living!Walking distance to top-rated schools, parks, Rec Centre, and public transit at the road.Quick access to Wonderland Rd, Oxford St, and all major amenities.Homes in this neighbourhood sell FAST - book your private tour today before this gem isSOLD, SOLD, SOLD !!!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,506
Lot Size36.09 ft x 114.87 ft
mls© NumberX13672672
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,578
Property tax
$459
Heat allowance
$150
Housing costs
$4,187 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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