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Listed 14 days ago

185 BURLINGTON Street

South J, London South

$629,900

Detached|Bungalow
3 | 2 | 2
About this home

Welcome To 185 Burlington Street, A Spacious And Beautifully Maintained 3+2 Bedroom, 2 Bathroom Bungalow Nestled On A Mature, Tree Lined Street In London's Desirable Glen Cairn Community. Offering Exceptional Versatility And Income Potential, This Home Features Two Kitchens And A Separate Entrance To The Finished Lower Level Ideal For Extended Family, An In Law Suite Or A Potential Mortgage Helper. The Bright And Inviting Interior Showcases Refinished Hardwood And Tile Flooring Throughout, Along With A Recently Updated Main Bathroom. Outside, Enjoy Newly Constructed Front And Rear Porches, A New Stone Patio, Partial Concrete Driveway, New Eavestroughs, A New Garage Door And Newer Windows. With Parking For Up To Five Vehicles Plus A Double Car Garage, There Is No Shortage Of Space. Conveniently Located Near Schools, Public Transit And Highway 401, This Is An Incredible Opportunity For Families, Multi-Generational Living Or Savvy Buyers Looking To Maximize Their Investment. This One Checks All The Boxes!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,319
Lot Size60 ft x 100 ft
mls© NumberX13689520
Listed ByRE/MAX REALTY SERVICES 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%
$3,224
Property tax
$277
Heat allowance
$150
Housing costs
$3,651 / mo

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

Down payment20% · $125,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

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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