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Listed 11 days ago

821 Sprucewood Drive

North C, London North

$744,900

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

SO MUCH TO LOVE ABOUT THIS TWO STOREY STONEY CREEK HOME. THIS ONE IS BEAUTIFULLY PAINTED INIMMACULATE CONDITION. MOVE IN READY. LARGE WORKING KITCHEN WITH LOTS OF COUNTER AND CUPBOARDSPACE. EATING AREA WITH A GREAT ROOM SPACE THAT CAN ACCOMODATE A DINING AND LIVING ROOM AREA. SECOND FLOOR FAMILY ROOM CAN BE USED AS A TV ROOM, HOBBY AREA OR AN OFFICE. RELAX AND DON'T FEEL LIKE YOU ARE IN A DUNGEON. SPACEOUS MASTER BEDROOM SUITE WITH LARGE WALK-IN CLOSET A DEN-SUITE WITH A CORNER SOAKER TUB. FINISHED LOWER LEVEL FAMILY ROOM. ROOF REPLACE IN TWO STAGES, IN 2017 AND THEN IN 2020. FURNACE AND A/C NEW IN 2021, WATER HEATER IN 2022. DECK AND GAZEBO IN 2022. NICE AND BRIGHT WITH PARKS, SHOPPING, SCHOOLS AND THE YMCA AND LIBRARY CLOSE BY. VERY WALKABLE LOCATION. LEASED FURNACE AND A/C WILL BE PAID OUT ON CLOSING. SEE THIS ONE BEFORE IT IS GONE!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$5,371
Lot Size50.9 ft x 101.04 ft
mls© NumberX13882240
Listed ByROYAL 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%
$3,813
Property tax
$448
Heat allowance
$150
Housing costs
$4,410 / mo

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

Down payment20% · $148,980
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,135 / mo
Cash down
$148,980

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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