$574,900

For saleJust listed

27 Gerald Crescent, London South (South J) - Single Family for Sale

27 Gerald Crescent, London South (South J), Ontario, N5Z5A3

3 beds3 baths3 parking1,300 ft²34 × 98 ft (3,346 sq ft) lot sizeListed 6 days ago

Overview

This 3-bedroom, 3-bathroom home in London South is for sale offering roughly 1,300 sq ft of space. Its $574,900 asking price sits right in line with the $560,000 median in London South. It has been on the market 6 days, fresher than the London South average of 59 days.

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Description

Attention First Time Buyers and investors! Welcome to 27 Gerald Crescent! This very affordable and nicely maintained 3 bedrooms, 2.5 bathrooms two-storey home is located in the desirable Pond Mills neighbourhood. Enjoy living on a quiet crescent just minutes to many amenities including Victoria hospital, downtown, shopping, parks and schools. Appreciate your carpet-free main and second floors for easy maintenance! Walk into your bright main floor featuring well appointed living room with pot lights, dinning room and spacious chef kitchen with stainless steel appliances and back splash. The 2nd floor offers a large primary bedroom with a private ensuite and walk-in closet. Other 2 bedrooms and full bathroom completes the 2nd level. Finished basement includes a spacious recreation room, roughed-in bathroom, storage and laundry rooms. Relish fresh air in your front porch. Sliding doors leads to a large deck where you can enjoy your quiet and fully-fenced backyard, flanked by mature trees, perfect for relaxing or entertaining. Parking for 3 vehicles with an attached single garage and double driveway. Recent updates include the furnace and A/C unit, some windows and shingles (Nov. 2020). Six (6) appliances included in the sale in 'as is' condition. Easy access to airport, Hwy 401/402. A move-in-ready home offering excellent value and space! (id:66096)

Property Details

MLS®: X14127544
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 34 × 98 ft (3,346 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,782.37/yr

Rooms

Main level

Foyer: 3.67 x 1.83 meters
Kitchen: 3.05 x 3.05 meters
Dining room: 3.68 x 3.05 meters
Living room: 4.28 x 3.07 meters
Bathroom: 1.25 x 1.22 meters

Second level

Bathroom: 2.77 x 1.25 meters
Primary Bedroom: 4.59 x 3.68 meters
Bedroom 2: 3.38 x 3.06 meters
Bedroom 3: 3.6 x 2.77 meters
Bathroom: 2.15 x 1.83 meters

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Level, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

London South (South J) listings, avg age

59d

Price / ft²

$442

List price

$575K

Haho

This 3-bed single family in London South (South J) has been listed for 6 days, which is 53 days fresher than the city average of 59. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · LAZARUS GARANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $574,900, about 8.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $112,298 (20% down, 25-yr amortization, stress-tested) — roughly 74% 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)

$574,900· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,490.00

Min 5.65%50%

Mortgage payment$3,007/mo

↳ CMHC premium ($21,696 capitalized)

Property tax (est.)$315/mo

Total monthly$3,322

Cash Needed to Close

Down payment (5.65%)$32,490

Land transfer tax$7,973

Est. closing costs$4,225

Total cash needed$44,688

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