383 Ferndale Avenue
South Q, London South
$439,900
A GREAT OPPORTUNITY FOR YOUNG FAMILY TO GET INTO THE MARKET. CLOSE TO MANY AMENITIES AND EASY ACCESS TO 401 ETC. HOME OFFERS MANY OPPORTUNITIES, INCLUDING POSSIBLE LOWER INCOME SUITE. MAIN FLOOR 3 BED WITH ACCESS TO PATIO DOORS TO DECK ABOVE GROUND POOL.NEWER LINER APPROX 7 YEARS, PUMP APPROX 6 YEARS.ROOF 2007. HARDWOOD FLOORS.PRIVATE LANE PARKING.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,470 |
| Lot Size | 41.1 ft x 115.3 ft |
| mls© Number | X13728946 |
| Listed By | SUTTON GROUP PREFERRED 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%
- $2,252
- Property tax
- $289
- Heat allowance
- $150
- Housing costs
- $2,691 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$83,000
gross annual household income
- Payment at 4%
- $1,851 / mo
- Cash down
- $87,980
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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