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New10 hours ago

232 Edward Street

South G, London South

$549,900

Detached|Bungalow
2 | 2 | 2
About this home

Old South Charm in this lovingly maintained home! Character galore! This 2+1 Bedroom 2 Bathroom home features an open concept kitchen with breakfast bar, cove ceilings, wide trim, glass door knobs, intricate tile, fireplace, French doors, hardwood floors and so much more! Spacious front porch and lovely rear deck and fully fenced yard with storage box. Gorgeous landscaping throughout and an impressive lawn! Spacious main floor living space plus a full dry basement with an additional bedroom (window not warrantied to be egress) and a 3 piece bathroom. There are 2 additional lower level rooms that just need flooring and some extra drywall (currently used for storage). Basement walls could easily be rearranged to create a recreation room area. All windows except for a few "character" windows have been replaced, upgraded insulation in walls and attic, high efficiency furnace approximately 5 years old plus central air, main house shingles 2012 (40 yr shingles) plus more recent garage roof completed by Courtney roofing. The convenient attached garage has inside entry, an automatic door opener , lots of space for a vehicle, and also access to the backyard. 100 Amp breaker panel, updated wiring/plumbing including sewer line to the street, updated eaves-troughs with leaf guard. On top of all of that, this home is in a desirable school area! Do not miss this Old South Gem!!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,688
Lot Size41.42 ft x 91.25 ft
mls© NumberX13733100
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%
$2,815
Property tax
$307
Heat allowance
$150
Housing costs
$3,272 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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