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Listed 8 days ago

114 Meadowridge Road

North M, London North

$642,000

Detached|2-Storey
3 | 3 | 5
About this home

Welcome to 114 Meadowridge Rd! This inviting 2-storey home offers the space, flexibility, and location today's buyers are looking for, in the heart of Oakridge! The red brick adds to the charm of the picture-perfect street. Entering the home, you're greeted with an abundance of natural light. The main floor features some new flooring, a layout that's functional for a young family, stainless steel appliances, and a powder room bath(2Pc). Going upstairs, you will find 3 well-sized bedrooms, a full bath, a walk-in closet, and a full ensuite com in the primary bedroom. Head downstairs to the finished basement, which provides valuable additional living space for a family room, recreation area, home office, gym or play space. The backyard offers a lovely deck for entertaining, or simply relaxing from the day with a book, while offering a low-maintenance space that is fully fenced. A single-car garage adds everyday convenience, while the newer roof provides an important recent update. Located in highly desirable Oakridge, this home is close to Clara Brenton Public School and a short distance to Hunt Club, while also offering convenient access to the amenities and family-friendly surroundings. With a practical 2-storey layout, 3 bedrooms, 2.5 bathrooms, finished basement and sought-after Oakridge location, this is an excellent opportunity for families, first-time buyers or those looking for additional space in London, Ontario. If you've been searching for homes for sale in London ON in a well-established family community, this Oakridge home is worth a closer look.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,476
Lot Size40 ft x 100 ft
mls© NumberX13711326
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%
$3,286
Property tax
$373
Heat allowance
$150
Housing costs
$3,809 / mo

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

Down payment20% · $128,400
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,702 / mo
Cash down
$128,400

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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