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Listed 10 days ago

305 Stephen Street

South B, London South

$619,900

Detached|Bungalow
3 | 2 | 4
About this home

Welcome home in Byron at 305 Stephen Street, situated on a quiet street on a quarter of an acre lot! This sweet bungalow boasts over 1900 square feet of finished living space from the spacious main floor to the bright & functional lower level. Thoroughly improved and maintained, the sunlit main floor includes a spacious Living room, Dining area, and a Kitchen that has been beautifully updated with a new backsplash, quartz surfaces, refreshed white cabinetry, a centre island and stainless steel appliances. The main floor and guest bedroom have also been repainted in a current, neutral off white tone, with gleaming hardwood and new tile flooring throughout. Three gracious bedrooms complete the main floor, including a sleek renovated 4 piece common bath. The lower level was refinished 2019 with new lighting, paint, and flooring, including new raised window wells, featuring a fantastic sized recreation room, a bonus room that could easily be made into an additional bedroom with an egress window, and a full 3 piece bathroom. Finished lower-level laundry and plenty of storage space completes the space. The yard includes a gated, heated in-ground pool that has been maintained and thoroughly enjoyed in warmer months, a stone seating area, deck and powered shed. A new and improved (2024) double-wide cement driveway and fence leads to the back of the home, offering a seating space under the overhang that doubles as a carport in winter months. Minutes to Byron Public School and the amenities and close-knit community of Byron Village, a complete package and perfect opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,794
Lot Size60.15 ft x 188.48 ft
mls© NumberX13884374
Listed BySUTTON GROUP - SELECT 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%
$3,173
Property tax
$400
Heat allowance
$150
Housing costs
$3,722 / mo

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

Down payment20% · $123,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$123,980

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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