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New3 days ago

1095 Waterwheel Road

North C, London North

$984,550

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

Welcome to an exciting new pre-construction opportunity in North London, proudly launched by Timeless Homes, one of London's respected custom home builders. Located in the highly desirable Stoney Creek neighbourhood, right next to Mother Teresa Catholic Secondary School, this beautifully designed home offers approximately 2,850 sq. ft. of modern living space with premium finishes throughout. Approx. 2,850 Sq. Ft. Modern Elevation 5 Bedrooms 4 FULL Washrooms Open-Concept Kitchen & Living Area, 9 Ft Ceilings on Main Floor & 9 Ft Ceilings on Basement, Quartz countertop in the entire house. one bedroom and full washroom on the floor, Carpet-Free Interior with Oak Staircase and engineering hardwood and tiles in the wet area and foyer, Modern front elevation with stone, brick and stucco, 4x4 egress windows in the basement, 2 stage high efficiency furnace with WiFi thermostat, 8ft high wide 2 patio doors, Bluetooth in ceiling speakers, 200 AMP Electrical Service, Owned Water Heater, Premium Upgrades Throughout. An optional finished basement with separate side entrance is also available, making this an excellent option for growing families, multi-generational living, or buyers looking for additional usable space. A rare opportunity to own a brand-new, highly upgraded home in one of North London's most sought-after communities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax---
Lot Size37.84 ft x 122.6 ft
mls© NumberX14090718
Listed ByKING REALTY INC.

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,039
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$5,189 / mo

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

Down payment20% · $196,910
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$4,143 / mo
Cash down
$196,910

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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