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New4 days ago

163 Emerald Road

South U, London South

$599,000

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

Welcome to 163 Emerald Rd! From the moment you arrive, the covered front porch and welcoming foyer set the tone for this warm and well-cared-for home. The main floor offers a bright and spacious kitchen with ceramic tile flooring, a comfortable dining area, and a generous living room featuring hardwood floors. Large windows overlook the fully fenced backyard, bringing in plenty of natural light and providing an easy connection to the outdoor living space. A convenient 2-piece powder room completes the main level. Upstairs, you'll find three generously sized bedrooms, including a spacious primary suite with a walk-in closet and private ensuite featuring a relaxing jacuzzi-style tub. A 4-piece main bathroom serves the additional bedrooms. The finished lower level adds even more room to spread out, with a large family room complete with a gas fireplace and wet bar, waterproof vinyl flooring, and a convenient 3-piece bathroom. The unfinished utility area provides laundry along with excellent storage space. Step outside to enjoy the fully fenced backyard, complete with a stamped concrete patio that creates the perfect spot for summer entertaining, morning coffee, or relaxing with family. A double-wide driveway and attached garage provide plenty of parking and everyday convenience. Major updates include a newer roof, furnace, and air conditioning, offering added peace of mind. With its functional layout, finished lower level, private backyard, and sought-after features throughout, this home is ready for its next chapter.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,889
Lot Size29.53 ft x 111.34 ft
mls© NumberX13797594
Listed ByBLUE FOREST REALTY 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%
$3,066
Property tax
$324
Heat allowance
$150
Housing costs
$3,540 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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