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Listed 12 days ago

74 Napoleon Drive

East I, London East

$624,900

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

Beautiful two-storey family home nestled on a tree-lined street in desirable East London. Situated on a spacious pie-shaped lot, 74 Napoleon Drive offers lovely curb appeal with a welcoming covered front porch. Step inside to a generous foyer showcasing a beautiful winding staircase to the second level. The main floor features a spacious formal living room with bay window and dining room, along with a bright kitchen open to the dinette, offering direct access to the backyard. The sunken family room is the perfect place to relax, complete with a cozy gas fireplace with brick surround and oak mantle. A convenient main-floor laundry/mudroom with sink and a 2-piece powder room complete the main level. Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with ensuite, plus a 4-piece main bathroom. The unfinished lower level provides an excellent opportunity to create additional living space tailored to your needs. Enjoy the outdoors in the fully fenced, spacious backyard featuring a deck-perfect for entertaining, relaxing, and family fun. A wonderful home in a great family-friendly setting! Furnace and A/C approx. 2022.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,945
Lot Size38.98 ft x 153 ft
mls© NumberX13761342
Listed ByROYAL LEPAGE TRILAND PREMIER BROKERAGE

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%
$3,199
Property tax
$412
Heat allowance
$150
Housing costs
$3,761 / mo

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

Down payment20% · $124,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$124,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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