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Listed 9 days ago

1035 Dearness Drive

South Y, London South

$699,900

Detached|2-Storey
4 | 3 | 8
About this home

SOUTH LONDON. Spacious 4 bedroom family home with attached 2 car garage (23'11" x 22'3"). Entrance to the lower level from the garage. Parking in the driveway for 6 cars. Formal living and dining room. French doors and crown molding. Eat in kitchen with loads of cupboards and counterspace. Main level family room with gas fireplace. Main floor laundry room. 4 good sized bedrooms. Large master bedroom with walkin closet space and 4 piece ensuite includes corner jacuzzi. Untouched basement ready for your finishing touches. Updated windows. Some hardwood floors. Lots of storage space. Appliances included. Central vac. Large treed with fenced back yard, great deck space and gazebo. Great location - just minutes to Whiteoaks Mall, grocery stores, restaurants, Hwy 401.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,060
Lot Size53 ft x 193.5 ft
mls© NumberX13776938
Listed BySUTTON GROUP PREFERRED REALTY INC.

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%
$3,582
Property tax
$422
Heat allowance
$150
Housing costs
$4,154 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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