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Listed 10 days ago

1642 Aldersbrook Road

North F, London North

$579,900

Detached|Backsplit 4
4 | 2 | 3
About this home

WELCOME TO 1642 ALDERSBROOK! THIS BEAUTIFULLY RENOVATED AND WELL-MAINTAINED 4+1 BEDROOM, 2-BATHROOM 4-LEVEL BACKSPLIT IS TRULY MOVE-IN READY! FEATURING NEW WINDOWS, FURNACE, A/C & APPLIANCES, THIS BRIGHT AND SPACIOUS HOME OFFERS A VERSATILE LAYOUT, ABUNDANT STORAGE, AND A PARTIALLY FINISHED BASEMENT WITH ADDITIONAL LIVING SPACE! ENJOY AN ATTACHED GARAGE WITH REAR DRIVE-THROUGH DOOR, DOUBLE-WIDE DRIVEWAY, AND A LARGE, FLAT & PRIVATE BACKYARD-PERFECT FOR ENTERTAINING AND FAMILY ACTIVITIES! IDEALLY LOCATED CLOSE TO SCHOOLS, PARKS, SHOPPING, PUBLIC TRANSIT & WESTERN UNIVERSITY! A FANTASTIC OPPORTUNITY TO OWN A BEAUTIFULLY UPDATED HOME IN AN ESTABLISHED & HIGHLY CONVENIENT NEIGHBOURHOOD - DON'T MISS IT!!!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,805
Lot Size50 ft x 110 ft
mls© NumberX13768178
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%
$2,968
Property tax
$317
Heat allowance
$150
Housing costs
$3,435 / mo

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

Down payment20% · $115,980
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,440 / mo
Cash down
$115,980

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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