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Listed 10 days ago

146 Colette Drive

South X, London South

$614,000

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

Bright and beautifully maintained, this spacious 4-level backsplit offers approximately 2,079 sq. ft. of living space across four levels, providing plenty of room for the whole family in a convenient London neighbourhood.From the moment you step inside, you're welcomed by gleaming ceramic flooring and a bright, inviting interior. The main level features a spacious living room flowing into the dining area, complemented by warm hardwood flooring and plenty of natural light.The updated kitchen (2024) is fresh and functional, featuring modern cabinetry, ceramic flooring, stainless steel appliances, and a skylight that fills the space with natural light.The upper level offers three generously sized bedrooms and a full bathroom with convenient Jack-and-Jill access. A few steps down, you'll discover an impressive family room with a cozy gas fireplace, recessed lighting, and plenty of room for entertaining or relaxing, along with an additional fourth bedroom and a second full bathroom.The lower level provides even more usable space with a recreation room, laundry area, storage, and mechanical room, offering excellent flexibility for a growing family, home office, playroom, or hobby space.Step outside from the kitchen onto the backyard deck, naturally shaded by a beautiful mature grapevine, creating a charming setting for summer dining and entertaining. The backyard also features an insulated shed with hydro, ideal for a workshop, hobby space, or additional storage. Complete with a single-car garage and double-wide driveway with parking for two additional vehicles, this move-in-ready home combines comfort, functionality, and space. Conveniently located close to schools, shopping, plazas, banks, parks, public transit, and everyday amenities, 146 Colette Drive is a wonderful place to call home. Additional updates include roof shingles (2019) and furnace & A/C (2017), as per the previous owner.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,543
Lot Size45.93 ft x 108.55 ft
mls© NumberX13770288
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%
$3,143
Property tax
$379
Heat allowance
$150
Housing costs
$3,671 / mo

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

Down payment20% · $122,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,584 / mo
Cash down
$122,800

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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