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South V, London South
$599,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,923 |
| Lot Size | 60.9 ft x 135 ft |
| mls© Number | X13677750 |
| Listed By | SUTTON 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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