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Listed 14 days ago

56 Ashbury Avenue

South Y, London South

$520,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to 56 Ashbury Avenue, a beautifully maintained detached bungalow in a desirable South London community. Situated on a spacious corner lot, this versatile 3+2 bedroom, 2 full bathroom home offers exceptional flexibility for families, multi-generational living, or investors. The thoughtfully designed layout features bright and comfortable living spaces, two fully equipped kitchens, and a finished lower level with additional bedrooms and living space, providing plenty of room to accommodate a growing family, guests, or a potential in-law setup. Enjoy the convenience of a location that puts everyday amenities close at hand. White Oaks Mall, one of London's largest shopping destinations, is nearby, along with Walmart, Costco, restaurants, services, and recreational facilities. White Oaks Park offers paved walking paths, sports fields, tennis courts, and playgrounds, while excellent schools and public transit are also within easy reach. Commuters will appreciate quick access to Wellington Road and Highway 401, making travel throughout London and beyond convenient. With its generous 3+2 bedroom configuration, two kitchens, two full bathrooms, corner-lot setting, and highly convenient South London location, 56 Ashbury Avenue is a wonderful opportunity to enjoy a comfortable home with outstanding versatility and long-term potential.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,051
Lot Size50 ft x 100.26 ft
mls© NumberX13750918
Listed ByEXP REALTY

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%
$2,662
Property tax
$254
Heat allowance
$150
Housing costs
$3,066 / mo

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

Down payment20% · $104,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,188 / mo
Cash down
$104,000

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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