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New4 days ago

35 Cowan Place

South R, London South

$675,000

Detached|2-Storey
4 | 3 | 6
About this home

You can't get more Forest City than this! Gorgeous leafy trees punctuate the highly sought-after Lockwood Park neighbourhood where families put down roots for generations, located just down the road from LHSC and Parkwood Hospitals. This gracious two-storey home, located on a quiet cul-de-sac, has over 2600sf of finished space with 4 large bedrooms upstairs (including a generous primary bedroom with ensuite) and 2.5 baths so you never have to fight for mirror space. The formal living and dining rooms (could be a home office), spacious kitchen and an absolute showstopper of a family room with fireplace and conservatory windows, handy powder room and lots of natural light complete the main floor. A generous pie-shaped lot, with a refreshing heated saltwater pool surrounded by decks and flagstone, double driveway and two-car garage provide ample space for large families or guests. The area is ideal, from the upscale, established neighbourhood to the elementary school down the road to its central location near grocery stores, restaurants, exceptional golf at Highland Country Club, wooded Mitches Park and a bustling neighbourhood pub. Head just a minute down the road to go birdwatching or take a hike around Westminster Ponds, one of London's most beautiful natural areas that will make you forget you're in the city as soon as you hit the trails! Any service you need in your daily life, you'll find it nearby. You'll also have quick access to downtown and Highway 401, just a straight shot down Wellington Road.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,733
Lot Size51.28 ft x 126.38 ft
mls© NumberX13722872
Listed ByRE/MAX ADVANTAGE REALTY LTD.

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%
$3,455
Property tax
$478
Heat allowance
$150
Housing costs
$4,083 / mo

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

Down payment20% · $135,000
25-yr amortization

Income needed

$126,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

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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