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North C, London North
$859,900
Attention developers and investors: 984 Fanshawe Park Road E offers an approximately 0.50-acre lot with 150.24 ft of frontage and 126.03 ft of depth, zoned R5-3/R6-5. Explore the potential for medium-density residential development; buyers to verify zoning boundaries, permitted uses, servicing, density and development feasibility with the City of London.The existing 1-storey brick home features four bedrooms and two bathrooms, including a main-floor primary bedroom. The main level also offers an eat-in kitchen and separate living, sitting and dining areas, with two additional bedrooms upstairs. A finished walkout basement adds a 3-piece bath, laundry and flexible living space. Outside are a covered patio, attached garage and double driveway. Updates include the furnace (2021), roof (2019), bay window and exterior door (2024).
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,359 |
| Lot Size | 150.24 ft x 126.03 ft |
| mls© Number | X14082550 |
| Listed By | RE/MAX CENTRE CITY 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%
- $4,401
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $4,915 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$151,000
gross annual household income
- Payment at 4%
- $3,619 / mo
- Cash down
- $171,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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