$369,999

For sale

17 Edgemere Crescent, London South (South T) - Single Family for Sale

17 Edgemere Crescent, London South (South T), Ontario, N5Z4M6

4 beds2 baths4 parking900 ft²30 × 189 ft (5,679 sq ft) lot sizeListed 33 days ago

Overview

This 4-bedroom, 2-bathroom home in London South is for sale offering roughly 900 sq ft of space. Listed at $369,999, it is attractively priced about 35% below the $569,900 median asking price in London South. It has been on the market 33 days, fresher than the London South average of 57 days.

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Description

Opportunity awaits at 17 Edgemere Crescent! Situated on a generous deep lot in a well-established, family-friendly neighborhood in South London, this 3-bedroom, 2-bathroom home with a partial finished basement, offers endless potential for first-time buyers, investors, downsizers or renovators looking to add their personal touch. The main level features inviting living and dining areas, a well-appointed kitchen, and comfortable bedrooms designed for everyday living. Step outside to enjoy a private backyard with plenty of room for entertaining, gardening, or relaxing, featuring mature apple trees and endless possibilities for creating your own private outdoor retreat. Conveniently located close to schools, parks, Victoria hospital, shopping, public transit, and Highway 401, this property combines a desirable location with exceptional potential. Whether you're looking for your next renovation project or a home to build equity over time, 17 Edgemere Crescent is ready for its next chapter. (id:66096)

Property Details

MLS®: X13853980
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 30 × 189 ft (5,679 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $3,185/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

London South (South T) listings, avg age

57d

Price / ft²

$411

List price

$370K

Haho

This 4-bed single family in London South (South T) has been listed for 33 days, which is 24 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · SYED HASSAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $369,999, about 5.7× the local median household income of $64,500.

Carrying it typically needs a household income of about $72,274 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$369,999· $411/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,499.95

Min 5%50%

Mortgage payment$1,949/mo

↳ CMHC premium ($14,060 capitalized)

Property tax (est.)$265/mo

Total monthly$2,214

Cash Needed to Close

Down payment (5%)$18,500

Land transfer tax$4,025

Est. closing costs$3,610

Total cash needed$26,135

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