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New6 days ago

1292 HONEYWOOD Drive

South U, London South

$749,000

Detached|2-Storey
4 | 3 | 6
About this home

HOME TO BE BUILT BY SIGNATURE HOMES / GOBIND INC. Located in Jackson Meadows, one of Southeast London's newest communities. This stunning Model Tulip - 1,903.23 sq. ft. above grade offers luxury, functionality and modern design. Featuring 4 spacious bedrooms and 3 bathrooms, including a 5-piece ensuite in the primary bedroom and a 4-piece bathroom serving the additional bedrooms. The main floor features a spacious foyer, dining area and impressive great room with patio doors providing abundant natural light and backyard access. The gourmet kitchen features quartz countertops, quartz backsplash, premium soft-close cabinetry and a large pantry, with an option to upgrade to a spice kitchen. LOCATION, LOCATION, LOCATION! Approximately 2 minutes to Highway 401, with easy access to major routes, shopping, amenities and Victoria Hospital. A new elementary school is planned on the same street, adding to the family-friendly appeal. Enjoy customization options, multiple lots and elevations, flexible deposit structure, flexible closing options and free assignment sale. PRICE INCLUDES PROPOSED 2026 HST REBATE, assuming rebate approval and subject to Buyer qualification and assignment of the rebate to the Builder on closing. RENDERINGS ARE FOR ILLUSTRATION PURPOSES ONLY. Actual finishes, features, specifications and elevations may vary. Builder may make changes without notice. TAXES: Property is not yet built and municipal taxes have not been assessed. Buyer acknowledges taxes will be determined following construction and are the Buyer's responsibility upon assessment.**NOTE: PICTURES ARE FROM BUILDER's PREVIOUSLY BUILT DIFFERENT MODEL.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNew
Size1500-2000 sq. ft.
Property Tax$1
Lot Size34.27 ft x 108.57 ft
mls© NumberX13788320
Listed ByRE/MAX REALTY SERVICES 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%
$3,834
Property tax
$0
Heat allowance
$150
Housing costs
$3,984 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

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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