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Price Change$699,000

714 OAKCROSSING Road

North M, London North

$649,999

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

**Price reduced to sell.** Welcome to 714 Oakcrossing Rd in prestigious Oakridge Meadows -one of London, Ontario's most sought-after family neighbourhoods! Style and smart investment opportunity. Freshly painted throughout with brand-new quartz countertops in the kitchen and all bathrooms, plus updated bathroom cabinets and designer light fixtures. Beautiful hardwood floors and ceramic tiles throughout, open-concept living with a stunning gas fireplace in the family room, walkout to a private deck. Generous eat-in kitchen with new quartz counters, ceramic backsplash, and perfect for entertaining. Oversized primary bedroom with large walk-in his-and-hers closets and spa-inspired 4-piece ensuite featuring a jetted soaker tub. All HVAC equipment is only 2 years new and OWNED - sump pump, furnace, central air, and tankless water heater, saving you $40-$60/month vs. rental! Unfinished basement with large windows, semi-walk-out potential, and option to add separate side entrance - ideal for in-law suite or student rental, awaits your imagination. Attached 2-car garage with garage opener and double driveway (4 total parking spaces) completes this turnkey package. Prime location minutes from Western University - outstanding student housing income potential or multi-generational living! 5 minutes to Costco and major brand stores. Walking distance to top-rated schools, parks, Rec Centre, and public transit at the road. Quick access to Wonderland Rd, Oxford St, and all major amenities. Homes in this neighbourhood sell FAST - book your private tour today before this gem is SOLD, SOLD, SOLD !!!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,506
Lot Size36.09 ft x 114.87 ft
mls© NumberX13672672
Listed ByRE/MAX REAL ESTATE CENTRE 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%
$3,327
Property tax
$459
Heat allowance
$150
Housing costs
$3,936 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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