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New5 days ago

61 Somerset Road

South K, London South

$759,900

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to this classic 4-bedroom, 3-bath two-storey in one of Byron's most established and loved neighbourhoods. Set on a quiet street with a large, private, tree-lined lot, this spacious family home offers an excellent floor plan, generous room sizes and plenty of opportunity to make it your own. A welcoming covered front porch provides a wonderful spot to sit and enjoy the neighbourhood. Inside, the combined living and dining room offers plenty of space for entertaining and family gatherings. The kitchen is comfortable and functional as it is, while its location adjacent to the dining room provides future potential for those dreaming of a larger, more open kitchen design. A spacious family room with fireplace offers a relaxed everyday living space, while a main-floor powder room, inside entry from the double garage and convenient layout add to the home's practicality. Upstairs are four well-sized bedrooms, all with good closet space, including a particularly spacious primary bedroom with its own modernized ensuite. The lower level adds further living space with a finished recreation room, rough in bath and plenty of additional storage. Most windows, front door system, most flooring, furnace and central air have been updated. Outdoors, the large backyard is a stand out private, mature and surrounded by trees, with plenty of room for children, pets, gardening or simply enjoying the outdoors. The setting is hard to beat. Byron Somerset Public School is nearby, along with the many amenities that have made Byron such a sought-after community for generations. Enjoy Springbank Park and its extensive trails, year-round recreation at Boler Mountain, Thames Valley Golf Course, Byron Villageshops and restaurants, nearby parks and convenient access to major routes. A solid, spacious family home in a wonderful neighbourhood, ready for its next chapter.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,482
Lot Size65 ft x 116 ft
mls© NumberX14082082
Listed BySUTTON GROUP - HODGSON REALTY INC.

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%
$3,890
Property tax
$457
Heat allowance
$150
Housing costs
$4,496 / mo

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

Down payment20% · $151,980
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$151,980

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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