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New14 hours ago

1103 Waterwheel Road

North C, London North

$899,000

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

TO BE BUILT- 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 2,450 sq. ft. of modern living space with premium finishes throughout. Approx. 2,450 Sq. Ft. Modern Elevation 4 Bedrooms 4 Washrooms Open-Concept Kitchen & Living Area, 9 Ft Ceilings on Main Floor & Basement, Quartz countertop in the entire house, . 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
Size2000-2500 sq. ft.
Property Tax---
Lot Size37.82 ft x 122.61 ft
mls© NumberX14095850
Listed ByKING REALTY INC.

Listing History

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Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,751 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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