Joyce Byrne Broker

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London Home Prices

Lucan Yellow Brick Mortgage Helper!!!
Sold for $86,000
MLS # 308454

Property Type: 2 and a half storey

Lot Size: 50x174

Major intersection: Highway # 4

Bedrooms: 3 plus 1

Bathrooms: Full: 2 Half:1

Inclusions:Freezer, stain glass window, all light fixtures, shed, 2 fridges and 2 stoves, washer.

Parking:Long private drive

Taxes:$1,779.47 ('01)

Area: Lucan

Age: Older building

Heating & Cooling:2 Clare hi-efficiency gas furnaces ('96)

Financing Example: 5% down, 5 year term at 6.25%, 25 year amortization, the monthly payment inclusive of property taxes, CMHC fees, minus $550 mth rental income from rear apartment is only $165.21!

Details: Great opportunity for you to move from being a renter to an owner!! Quit making your landlord rich and become a landlord yourself!
This century yellow brick 2 1/2 storey is nestled in the quiet village of Lucan. Being a large home, it would work well for the growing family and even better for someone who appreciates the monthly income a tenant can provide. The rear apartment is totally self-contained with a separate entrance, furnace, hydro panel and hot water heater and has never been vacant.
Imagine, only $165.00 a month with $4,500 down and you could be the proud new owner!

The main house has spacious principal rooms with lovely French doors from the foyer to the living room.

You'll be able to entertain the whole family in the large formal dining room. Or enjoy a relaxing lunch in the country sized eat-in kitchen. There's plenty of room for the gourmet cook in this cupboard laden kitchen.
The lovely sunroom off the kitchen would make a perfect main floor den or sewing room.

There's even a convenient laundry room and two piece bath on the main level. For easy access to the 2nd floor, there's a front and back staircase that leads to the 3 large bedrooms and an oversized 4 piece bath with double sinks. The master bedroom has a walk-in closet. You'll love all the storage space, plus there's a walk up attic for future potential.

The lower level is partially finished and with a little effort, can be developed into extra rooms.

The location makes it the ideal home if you have children! The large 174 foot treed yard gives the kids plenty of room to run around and play. And even better, it backs onto park, playground & Scout Hall!

The updates include the major items such as the shingles done in 1996, eavestrough in 1998, most windows,2 Clare hi-efficiency gas furnaces ('96), reinsulated in 1990,most plumbing,sump pump,electrical panel, 2 water heaters- what more could you want!!!

A little T.L.C.inside and you've got yourself a real gem!!

Call 679-5443 ID 5780 for 24 hour recorded ad.