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Listed 19 days ago

40 David Street

South V, London South

$599,900

Detached|Bungalow
3 | 2 | 5
About this home

Welcome to 40 David Street, a spacious 3-bedroom bungalow on a large, mature lot in the heart of sought-after Lambeth. Offering approximately 1,550 sq. ft. on the main level, an attached garage and a finished lower level, this home delivers an impressive amount of living space in one of London's most desirable neighbourhoods.The bright and inviting main floor features a generous living room, formal dining area and an updated kitchen with granite countertops and plenty of cabinetry. Three large bedrooms and 1.5 bathrooms provide comfortable main-floor living, while the rear sunroom offers an additional living space complete with a gas fireplace and convenient access to the backyard.Downstairs, the finished lower level adds substantial living space with a large family/rec room, second gas fireplace, bar area and den. A sizeable unfinished workshop and storage area provides plenty of additional space for hobbies, projects or future possibilities.Outside, the large private lot offers room to entertain, garden or simply enjoy the mature surroundings, while the attached garage adds everyday convenience.Set on a quiet street in the heart of Lambeth, just minutes from parks, schools, shopping, restaurants and easy access to Highways 401 and 402. Whether you're a first-time buyer, growing family, downsizer or someone looking for a solid home to personalize over time, 40 David Street offers exceptional space, location and potential at $599,900.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,923
Lot Size60.9 ft x 135 ft
mls© NumberX13677750
Listed BySUTTON GROUP - SELECT REALTY

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%
$3,071
Property tax
$327
Heat allowance
$150
Housing costs
$3,547 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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