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Listed 28 days ago

40 Leland Place

South M, London South

$899,999

Detached|2-Storey
4 | 3 | 8
About this home

One of South London's premiere neighbourhoods on a sought after street. Welcome to 40 Leland Place. Situated on the end of a quiet cul-de-sac this lovingly maintained and fully renovated home is nestled away on a private and spacious lot. The welcoming entrance off the front porch provides the centerpiece for a main floor that features a large living room, dining room and upgraded kitchen. Custom coffered ceilings, pot lights, crown moulding, hardwood floors and stylish california shutters accentuate the modernity and attention to detail this home exemplifies. The eat-in kitchen features granite countertops and a spacious area for the home chef. The main floor is complemented with a bonus family room accompanied by a gas fireplace/custom TV stand and offers double doors that lead to an expansive backyard cedar deck. The second floor of this home features a master bedroom and ensuite with three additional bedrooms and a full bathroom. The private and expansive backyard is a striking feature to this property with a large deck area, custom pergula, gazebo and numerous areas to sit and relax. The yard allows both for seclusion, entertaining and spacious opportunities for a pool or other backyard amenities. The back also offers a space for a camper/auxiliary vehicle with a power source with plenty of storage space in the double car garage and accompanying shed. This quiet and private neighbourhood offers excellent proximity to top quality schools and numerous commercial amenities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$5,499
Lot Size52 ft x 0 ft
mls© NumberX13813686
Listed ByTHE REALTY FIRM 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%
$4,607
Property tax
$458
Heat allowance
$150
Housing costs
$5,215 / mo

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

Down payment20% · $180,000
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$180,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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