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Listed 12 days ago

1895 Sumac Way

South B, London South

$1,049,999

Detached|2-Storey
4 | 4 | 4
About this home

Stunning property located in Warbler Woods! As soon as you step inside, you are greeted by an impressive high ceiling and large windows. The space is flooded with natural light, making it incredibly bright and airy. The open concept layout creates a seamless flow, while the sleek marble countertops in the kitchen add a touch of elegance to the entire space. On the 2nd floor, it features 4 bedrooms while the primary bedroom has its large walk-in closet and 5-piece ensuite. Second bedroom is another ensuite while other two bedrooms share Jack-and-Jill bathroom. Fully fenced backyard. This is a rapidly growing community with excellent transportation links and a fully established commercial hub. It also features scenic walking trails and several golf courses within 10 minutes drive.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$8,952
Lot Size62.49 ft x 115.16 ft
mls© NumberX13699442
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$5,374
Property tax
$746
Heat allowance
$150
Housing costs
$6,270 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$193,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

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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