$859,900

For sale

984 Fanshawe Park Road East, London North (North C) - Single Family for Sale

984 Fanshawe Park Road East, London North (North C), Ontario, N5X0K9

4 beds2 baths5 parking1,300 ft²150 × 126 ft (18,925 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 2-bathroom home in London North is for sale offering roughly 1,300 sq ft of space. It has been on the market 20 days, fresher than the London North average of 46 days.

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Description

Attention developers and investors: 984 Fanshawe Park Road E offers an approximately 0.50-acre lot with 150.24 ft of frontage and 126.03 ft of depth, zoned R5-3/R6-5. Explore the potential for medium-density residential development; buyers to verify zoning boundaries, permitted uses, servicing, density and development feasibility with the City of London.The existing 1-storey brick home features four bedrooms and two bathrooms, including a main-floor primary bedroom. The main level also offers an eat-in kitchen and separate living, sitting and dining areas, with two additional bedrooms upstairs. A finished walkout basement adds a 3-piece bath, laundry and flexible living space. Outside are a covered patio, attached garage and double driveway. Updates include the furnace (2021), roof (2019), bay window and exterior door (2024). (id:66096)

Property Details

MLS®: X14082550
Property Type: Single Family
Zoning: R5-3/R6-5
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 150 × 126 ft (18,925 sq ft)
Frontage: 150 ft
Storeys: 1
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,359/yr

Rooms

Main level

Foyer: 1.81 x 1.02 meters
Living room: 4.7 x 3.38 meters
Dining room: 3.88 x 2.57 meters
Sitting room: 3.88 x 2.56 meters
Kitchen: 4.06 x 3.57 meters
Primary Bedroom: 3.11 x 3.38 meters
Bedroom: 3.06 x 2.92 meters
Bathroom: 1.58 x 1.93 meters

Lower level

Recreational, Games room: 5.55 x 4.82 meters
Family room: 3.87 x 6.28 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds, Window Coverings
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

London North (North C) listings, avg age

46d

Price / ft²

$661

List price

$860K

Haho

This 4-bed single family in London North (North C) has been listed for 20 days, which is 26 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RE/MAX CENTRE CITY REALTY INC. · COURTNEY DE BLOCK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5X)

This home lists at $859,900, about 8.3× the local median household income of $103,000.

Carrying it typically needs a household income of about $167,969 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $103,000
Population: 36,963
Median age: 40.4
Owner / renter: 76% / 24%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N5X)

$859,900· $661/ft²

For sale

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Full Cost Breakdown

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Down Payment7.09% · $60,990

Min 7.09%50%

Mortgage payment$4,429/mo

↳ CMHC premium ($31,956 capitalized)

Property tax (est.)$363/mo

Total monthly$4,793

Cash Needed to Close

Down payment (7.09%)$60,990

Land transfer tax$13,673

Est. closing costs$5,080

Total cash needed$79,743

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