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North M, London North
$699,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,506 |
| Lot Size | 36.09 ft x 114.87 ft |
| mls© Number | X13672672 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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