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Listed 7 days ago

11 Outer Drive

South V, London South

$739,000

Detached|Bungalow
3 | 2 | 7
About this home

Unique, inviting and anything but cookie-cutter, this Lambeth bungalow offers the space & flexibility that buyers are looking for. Situated on a corner lot on one of Lambeth's most desirable streets, this home is filled with character and thoughtful spaces you simply don't find in every home. Beautiful stained-glass windows throughout add warmth, colour and a distinctive charm that makes this home truly special. The welcoming front entrance opens into a charming glassed-in hall/mudroom, creating a bright and practical transition into the home. From here, step into the gorgeous screened-in porch, a wonderful three-season space to relax, enjoy your morning coffee or entertain. Inside, the updated, open-concept kitchen, dining and living area features engineered hardwood floors, and a gas fireplace. The kitchen leads to a truly unique rear space with potential for additional storage, a home gym or even your own indoor putting green. 3 large bedrooms on the main floor and a full bath are complemented by a spacious family room overlooking the side yard. With large windows, a second gas fireplace and beautiful stained-glass windows, this room is one of a kind-a warm and inviting space to relax, gather and enjoy. The fully finished basement adds even more versatile living space, along with a 2-piece bathroom and additional shower. Outside, the generous corner lot offers a large side yard with plenty of room to play, garden or entertain, while two driveways - one off Outer Drive and one off Monterey Crescent - provide exceptional convenience, along with a detached single-car garage. The home also features a durable metal roof and the added convenience of municipal sewers - a sought-after feature in Lambeth. In the welcoming Lambeth community, this is a home with character, flexibility and spaces that can adapt to the way you live. This one is worth seeing!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$5,532
Lot Size68 ft x 150 ft
mls© NumberX13779570
Listed ByTHRIVE REALTY GROUP 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%
$3,783
Property tax
$461
Heat allowance
$150
Housing costs
$4,394 / mo

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

Down payment20% · $147,800
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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