199 Emerald Road
South U, London South
$560,000
Gorgeous 3-bedroom home situated on a quiet, family-oriented street in one of London's most desirable neighbourhoods. This immaculate home features a bright, open kitchen with stainless steel appliances, a spacious master bedroom, attached garage, great deck for summer BBQs, and a lower-level rec room/play area for kids. All fenced backyard with deck. Exceptional opportunity for first-time buyers, young families, or anyone looking to enjoy the lifestyle Summerside is known for. Located close to excellent schools, beautiful parks, walking trails, shopping, restaurants, City Wide Sports Park, Victoria Hospital, and quick access to Highway 401. *Pictures are from the previous listing prior to the current tenants taking possession
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,731 |
| Lot Size | 29.6 ft x 111.92 ft |
| mls© Number | X13699430 |
| Listed By | CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY 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%
- $2,866
- Property tax
- $311
- Heat allowance
- $150
- Housing costs
- $3,327 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,357 / mo
- Cash down
- $112,000
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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