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New2 days ago

813 DEER RIDGE Place

North M, London North

$1,199,000

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

Welcome to a home with room to spread out inside and a backyard that feels like a getaway. The large pie-shaped lot gives you plenty of space to enjoy, from the separately fenced heated saltwater pool to the patio and gazebo. There's still a generous grassy area surrounded by mature trees and established landscaping. The heated pool house adds a three-piece bathroom and wet bar, making it easy to spend the whole afternoon outside or have friends over for a swim.At the front of the house, a large dining room connects to a butler's pantry with a bar fridge, which leads into the spacious eat-in kitchen with an island. The main floor also offers a family room, plus a mudroom and laundry room with custom built-ins that keep everyday life organized. Hardwood flooring runs through the main and second floors.Upstairs, you'll find four generously sized bedrooms and a separate office with built-ins. The spacious primary suite has two walk-in closets, custom built-ins and a sitting area.The finished lower level offers another place to gather, with a large family room featuring a gas fireplace and built-ins. There's also a guest room, a flexible playroom or office, a full bathroom and a large storage room. California shutters, motorized blinds and an irrigation system round out the home.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,577
Lot Size32 ft x 152.63 ft
mls© NumberX13804436
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%
$6,137
Property tax
$631
Heat allowance
$150
Housing costs
$6,918 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$213,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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