New1 day ago
65 Cove Road
South D, London South
$699,000
Detached|Bungalow
4 | 2 | 20
About this home
Fantastic opportunity to own a 7.69 acre oasis in the middle of London with over 900 feet of water frontage! Fantastic opportunity to rent out these 2 homes and use the huge 90 foot Quonset hut for your shop or live in your own forest in the city.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $13,394 |
| Lot Size | 762 ft x 689 ft |
| mls© Number | X13728656 |
| Listed By | ANCHOR REALTY |
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%
- $3,578
- Property tax
- $1,116
- Heat allowance
- $150
- Housing costs
- $4,844 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $139,800
25-yr amortization
Income needed
$149,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
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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