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South V, London South
$829,000
Welcome to 3998 Malpass Road, a beautiful two-storey family home located in one of Lambeth's most sought-after, family-friendly neighbourhoods. Offering a spacious layout, thoughtful updates and an incredible backyard oasis, this home is perfect for growing families and entertaining.The main floor features an inviting open-concept dining area with soaring ceilings, a stylish wine bar and an updated kitchen (2019) complete with quartz countertops, a 5-burner gas stove, double oven and generous peninsula with seating for barstools. The adjoining breakfast nook looks out to the spectacular backyard through extra large patio doors. A spacious living room with fireplace, convenient powder room and laundry/mudroom complete the main level, with the mudroom providing access to the double garage.Upstairs, the generous primary suite features beautiful backyard views, a walk-in closet and 4-piece ensuite. Two additional bedrooms and a second 4-piece bathroom provide plenty of room for the family.The finished lower level offers even more living space with an additional bedroom, 3-piece bathroom and large family room, perfect for movie nights, kids' space, guests or a home office. The garage also provides convenient access to the basement.Step outside to your own backyard oasis featuring a new heated 16' x 32' saltwater pool (2024), surrounded by stamped concrete, armour stone and a safety gate, plus an outdoor shower for easy rinsing after a swim. Plenty of space to relax, play and entertain all summer long.Recent updates include windows and doors (2023), A/C (2019), furnace (2017) and water heater (2020).A wonderful opportunity to enjoy the space, comfort and lifestyle of a beautiful Lambeth family home!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,577 |
| Lot Size | 50.78 ft x 288.42 ft |
| mls© Number | X13854282 |
| Listed By | ROYAL LEPAGE TRILAND 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%
- $4,243
- Property tax
- $631
- Heat allowance
- $150
- Housing costs
- $5,025 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,489 / mo
- Cash down
- $165,800
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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