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South J, London South
$629,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,319 |
| Lot Size | 60 ft x 100 ft |
| mls© Number | X13689520 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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