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South V, London South
$899,900
Discover the ease and comfort of bungalow living in one of Lambeth's most desirable new-home communities. Set on a premium 40' 114' lot backing directly onto park space, this thoughtfully designed home offers open views, added privacy and no rear neighbours. With exciting new HST incentives available in Ontario, now is an exceptional time to purchase a brand-new home.Perfect for downsizers, retirees or anyone seeking the convenience of main-floor living, this bungalow-style home combines a functional layout with modern finishes and quality craftsmanship. Professionally curated selection packages offer exceptional value while making the building process simple and enjoyable.Located in Phase 2 of Magnolia Fields and built by Ferox Design + Build, a trusted local builder known for outstanding craftsmanship and personalized client care. Just minutes from Highway 402, excellent schools, shopping, dining and all the amenities Lambeth has to offer. Secure your new bungalow today and enjoy comfortable, low-maintenance living in a beautiful park-facing setting. Price includes the proposed 2026 HST rebates.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | --- |
| Lot Size | 40 ft x 114.8 ft |
| mls© Number | X13792780 |
| Listed By | CENTURY 21 FIRST CANADIAN CORP |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,606
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $4,756 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$146,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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