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Listed 12 days ago

15 Cheswick Circle

South X, London South

$499,900

Detached|Bungalow
3 | 2 | 3
About this home

Rare opportunity to own a detached freehold home under $500,000! This all-brick bungalow offers 3 bedrooms, 2 bathrooms and a finished lower level with a separate entrance, ideal for families, investors or multi-generational living. The main floor features a bright open living room, updated flooring, fresh paint, a kitchen with generous cabinetry open to the dining area, and main floor laundry. The lower level includes 2 rec rooms, a large 3-piece bathroom, and storage room with a laundry rough-in already in place. Outside, the front porch, rear deck and awning have all been updated. The private deck overlooks a fully fenced yard, green grass, gardens and garden shed. The double-wide asphalt driveway accommodates multiple vehicles. This home is very well maintained and ready for you to move in. Close to schools, parks, White Oaks Mall, banks, medical clinics, restaurants and everyday shopping, with convenient access to Highway 401, Victoria Hospital and Downtown London.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,420
Lot Size40.03 ft x 114.99 ft
mls© NumberX13875510
Listed ByRE/MAX ADVANTAGE REALTY LTD.

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%
$2,559
Property tax
$285
Heat allowance
$150
Housing costs
$2,994 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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