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Listed 18 days ago

311 Burlington Crescent

South J, London South

$549,900

Detached|Bungalow
3 | 2 | 5
About this home

Located in southeast London near Glen Cairn and Pond Mills, this updated 3 bedroom, 2 bathroom bungalow offers a bright, move-in ready interior, parking for 5+ vehicles, a large private backyard and excellent in law suite potential. Major improvements include a full main level renovation in 2021, eavestroughs with gutter guards in 2022, new main floor flooring in 2026 and new flooring in the basement living area in 2026. Step inside to a bright and welcoming living room filled with natural light from the large front windows. Updated flooring and a fireplace give the space a warm, comfortable feel, while the adjoining dining area provides plenty of room for family meals and entertaining. The renovated kitchen features white cabinetry, a white tile backsplash, stainless steel appliances and generous counter space. Down the hall are three comfortable bedrooms, including a spacious primary, along with a beautifully updated 4 piece bathroom that adds everyday comfort and convenience to the main level. The lower level adds even more flexibility with a generous recreation room, second kitchen and dining area, 3 piece bathroom, laundry and additional storage. This layout provides excellent potential for extended family, older children or an in-law suite, while still offering plenty of room for everyday living. Outside, the large private backyard is a standout with mature trees, plenty of lawn space and a covered patio that creates a great setting for relaxing, entertaining or spending time with family and friends. Conveniently located near schools, restaurants, shopping, parks and trails, with Victoria Hospital and Highway 401 nearby, this move-in ready home offers a comfortable setting with easy access to everyday amenities!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,437
Lot Size70 ft x 150 ft
mls© NumberX13854572
Listed ByRINEHART REALTY

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%
$2,815
Property tax
$286
Heat allowance
$150
Housing costs
$3,251 / mo

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

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

Income needed

$100,000

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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