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Listed 27 days ago

3910 Stacey Crescent

South V, London South

$989,900

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

Welcome to this well established 2 Storey home in Southwinds Village on a 70' x 160' lot. Home features approximately 2500 sq.ft. of finished space above ground with an additional 750 sq.ft. of finished space in the lower level. The current homeowners have made many changes and additions in the past 20 years of ownership. Great curb appeal as you pull up to the home. Inside you will find a spacious foyer flanked by the living room/den to the left and sunken family room to the right featuring wood burning fireplace. As you walk into the newer kitchen you will discover a large island with granite counters and built-in wall ovens, cooktop with pot filler and beverage cooler. There is a good sized eating area and main floor laundry as well as a 2-piece bath. There is a separate dining room with tray ceilings off the kitchen. The2nd floor has 3 large bedrooms and 2 bathrooms, both being 5 - piece. One of those 2 bathrooms is an ensuite and is located just past the walk-in closet in the Primary bedroom. In the lower level you will discover a 4th bedroom, as well as a 4th bathroom (4-piece), featuring a jet tub and stand alone shower. There is also a finished reg-room, storage room, utility room and cold room. There is access from the lower level to the garage. The fenced in rear yard has an expansive 2 level deck with an inground salt water pool surrounded by stamped concrete (installed approx. 15 years ago). There is a separate building, complete with a 3-piece bath and lounge area overlooking the pool. Pool utility room is tucked to the side of the home and there is also a shed for any and all garden tools and machinery. Roof shingles (SO year life expectancy) replaced approximately 15 years ago.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size2000-2500 sq. ft.
Property Tax$8,135
Lot Size70.12 ft x 161.28 ft
mls© NumberX13819448
Listed ByRE/MAX CENTRE CITY REALTY INC.

Listing History

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  • 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%
$5,067
Property tax
$678
Heat allowance
$150
Housing costs
$5,895 / mo

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

Down payment20% · $197,980
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,166 / mo
Cash down
$197,980

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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