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New3 days ago

7116 Silver Creek Circle

South V, London South

$1,569,999

Detached|2-Storey
5 | 5 | 6
About this home

A RARE SOUTHWEST LONDON OPPORTUNITY ON AN EXTRAORDINARY 56' x 200' LOT! Welcome to 7116 Silver Creek Circle, an extensively upgraded residence offering exceptional space, luxury, functionality and outdoor living. Featuring approximately $200K in upgrades, this beautifully appointed home has been thoughtfully enhanced for both everyday living and entertaining.Offering 5 bedrooms, including a versatile main-level office, and 4 bathrooms, the home showcases upgraded finishes, fixtures and lighting throughout. The impressive kitchen features extensive cabinetry, premium finishes, a large pantry and a dedicated BUTLER'S KITCHEN, providing additional preparation, storage and entertaining space.The fully finished walkout basement offers exceptional versatility with 2 additional bedrooms, a full bathroom and a stylish wet bar. One bedroom is currently designed as a private theatre room. Direct walkout access provides a seamless connection to the backyard and expands the home's living and entertaining space.The double-car garage includes an added kitchenette with stove and refrigerator, offering valuable flexibility for entertaining, food preparation, storage or hobbies. Step outside to a fully fenced private backyard featuring a spacious balcony, outdoor sitting area and extensive concrete work. A gas line is already extended to the backyard, while the extraordinary 56' x 200' lot offers tremendous potential for a future backyard oasis, including a pool, subject to applicable approvals.Additional features include concrete stairs from the front/side entrance to the basement, security cameras, sensor lighting along the basement staircase and a sump pump.Ideally located in desirable Southwest London with convenient access to Colonel Talbot Road, major routes, schools, parks, shopping and everyday amenities. A rare combination of substantial upgrades, walkout design, double-car garage, exceptional outdoor space and an extraordinary lot - truly a property that offers more.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age0-5
Size3500-5000 sq. ft.
Property Tax$10,327
Lot Size56.09 ft x 180.7 ft
mls© NumberX13804696
Listed ByCIRCLE REAL ESTATE

Listing History

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  • 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%
$8,036
Property tax
$861
Heat allowance
$150
Housing costs
$9,047 / mo

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

Down payment20% · $314,000
25-yr amortization

Income needed

$278,000

gross annual household income

Payment at 4%
$6,607 / mo
Cash down
$314,000

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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