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Listed 27 days ago

7 Old Oak Lane

South K, London South

$4,750,000

Detached|Bungalow
3 | 7 | 11
About this home

ONE OF LONDON'S MOST SPECTACULAR ESTATES situated on 3.4 beautifully treed acres in an exclusive 24-acre enclave of just six homes. The grounds feature an inviting in-ground pool with night lighting and pool deck water jets. Extensive landscaping and a picturesque waterfall feature, create a private outdoor retreat (partially fenced rear yard). Sprawling 10,000 sq ft ONE FLOOR RETREAT WITH FULL WALK OUT LOWER LEVEL. You will be amazed by the strikingly impressive 17 ft foyer with vaulted ceilings flowing to the open concept expansive dining room and spectacular great room with 12 & 14 ft ceilings as well as the cherry wood office off foyer with tin ceiling. Cathedral ceilings in kitchen area, beautifully appointed Muskoka room with cedar ceiling and main floor family room with access to rear yard. Gourmet chef's kitchen features newer Monogram 60" gas stove, sub zero fridge and 2 additional fridge drawers. Reading room off great room with granite terrace overlooking the landscape. Massive windows across the rear of this home. Marble, slate, ceramic and newer hardwood flooring is all heated throughout the home with an in-floor hot water gas heating system as well as supplemental forced air heating system. Luxurious primary bedroom features sitting area, spa like ensuite with separate shower/tub and direct access to terrace. 2 other bedrooms on the main feature ensuites. The open concept lower has a Muskoka inspired feel with wood panelling, a bistro kitchen, Irish bar, Tuscany wine cellar, exercise room, games area, nanny's suite with ensuite, cedar closet and plenty of secure storage. SONOS speaker system throughout with individual controls. Home features upper 2 car garage and lower 3 car garage with oversized doors and heated floors. No expense was spared in the original construction of this home and it has been custom crafted with exquisite attention to detail. A truly exceptional estate offering privacy, space and refined living in the heart of London.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$35,607
Lot Size291.61 ft x 414.72 ft
mls© NumberX13820664
Listed ByCOLDWELL BANKER POWER 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%
$24,313
Property tax
$2,967
Heat allowance
$150
Housing costs
$27,430 / mo

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

Down payment20% · $950,000
25-yr amortization

Income needed

$844,000

gross annual household income

Payment at 4%
$19,989 / mo
Cash down
$950,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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