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Listed 12 days ago

62 Thorncrest Crescent

South D, London South

$499,900

Detached|Bungalow
3 | 1 | 3
About this home

Welcome to 62 Thorncrest Crescent, nestled in the lovely and established Southcrest neighbourhood. This well-maintained 3-bedroom, 1-bathroom bungalow offers a bright and inviting atmosphere with a functional layout and generously sized rooms throughout.The spacious living room features a large window that fills the space with natural light, creating a warm and airy feel. The kitchen provides direct access through the back door to a beautifully landscaped backyard, offering a peaceful space to relax, entertain, or simply enjoy the outdoors.The basement provides ample storage and plenty of additional space with great potential to expand and customize to suit your needs.Conveniently located close to schools, parks, shopping, public transit, and everyday amenities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,252
Lot Size51 ft x 125 ft
mls© NumberX13757120
Listed ByCENTURY 21 FIRST CANADIAN CORP

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%
$2,559
Property tax
$271
Heat allowance
$150
Housing costs
$2,980 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

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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