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Listed 11 days ago

14 Northcrest Drive

North B, London North

$1,268,889

Detached|Bungalow
6 | 3 | 10
About this home

Welcome to 14 Northcrest Drive, a unique opportunity in the established and sought-after Old Uplands neighbourhood of North London. Set on an impressive 0.48-acre lot, this property offers exceptional space, privacy and flexibility close to city conveniences. A standout feature is the self-contained main-floor in-law suite, added around 2004 and designed to provide independent living for aging parents, adult children or extended family. Fully equipped with its own kitchen and living area, 2 bedrooms, 3-piece bathroom and laundry, the suite has separate utilities and can be accessed through a private entrance from the garage or directly from the main house. With its independent layout and separate utilities, this space also offers excellent potential for use as an income-generating suite. The main house features a spacious layout, with the kitchen and bathrooms updated in 2012. Accessible from the kitchen, the backyard features a generous deck with a hot tub overlooking the expansive green space, creating a private setting for relaxing, entertaining and enjoying the outdoors. The property also offers ample parking for up to eight vehicles. The lower level offers even more possibilities, including an office and sitting area, along with substantial unfinished storage space offering potential for additional finished living space, a workout room, hobby area or workshop, plus a rough-in for a future bathroom. With nearly half an acre, mature surroundings, exceptional outdoor space and a versatile layout, 14 Northcrest Drive is ideally suited for families looking for room to grow, independent living space for extended family and potential income opportunities rarely found in North London. Conveniently located a short drive from Western University, LHSC University Hospital, Sunningdale Golf & Country Club, Masonville Place and SilverCity Cinemas.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$8,428
Lot Size105 ft x 239 ft
mls© NumberX13764566
Listed BySUTTON GROUP - SELECT 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%
$6,495
Property tax
$702
Heat allowance
$150
Housing costs
$7,347 / mo

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

Down payment20% · $253,778
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,340 / mo
Cash down
$253,778

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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