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New5 days ago

18 Rexway Road

North F, London North

$597,000

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

Tucked away on a quiet, tree-lined street, this 3 bedroom family home is surrounded by mature trees that offer a private, peaceful setting right in the heart of the city! The main floor features a large and bright living room with hardwood floors, that lead into the dining room and a spacious kitchen. The upstairs has large primary bedroom and 2 additional bedrooms and a 4 piece bathroom cheater ensuite. The basement has a large family room with pot lights, gas fireplace and an office. The backyard is beautifully landscaped, fully fenced, has a shed with electricity, play structure and a charming patio with pergola. Updates include new carpeting on second level and basement, basement refinished, freshly painted throughout, roof 2022, water heater owned 2023, appliances less than 5 years and newer windows. Close to Western, University Hospital, Walmart, Rona, Goodlife, grocery stores, Costco and all other amenities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,308
Lot Size50.12 ft x 105.29 ft
mls© NumberX13789208
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%
$3,056
Property tax
$359
Heat allowance
$150
Housing costs
$3,565 / mo

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

Down payment20% · $119,400
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,512 / mo
Cash down
$119,400

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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