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New5 days ago

9 FORWARD Avenue

North N, London North

$499,000

Detached|Bungalow
2 | 2 | 4
About this home

Welcome to Forward Ave. A highly desirable location close to the Thames River, the down town core and easy access to large box shopping. This large lot offers stunning perennial gardens, well maintained & updated home with back covered sun room. Just a 20 minute walk to Western's Campus or a short bus ride with city bus stop across the street. Perfect opportunity for young family with 2 large bedrooms on the main floor and a finished room in the lower level. The back yard is perfect for a BBQ, lounging in the shade of 30 foot maples and there is enough parking for 5 cars if needed. Very well maintained and gardens are spectacular. Just minutes to downtown and box store shopping. The large garage was renovated in 2022 and the house was upgraded in 2022 including hardwood floors being refinished, fresh paint inside and out and A/C. Enjoy relaxing under the gazebo. The basement is finished with a 2 pc bath - a perfect 3rd bedroom or rec room.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,600
Lot Size49 ft x 172 ft
mls© NumberX13787434
Listed BySUTTON-HEADWATERS REALTY INC.

Listing History

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  • 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%
$2,554
Property tax
$217
Heat allowance
$150
Housing costs
$2,921 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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