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Listed 1 month ago

7 THOMPSON Avenue

St. Thomas, St. Thomas

$499,900

Detached|Bungalow
3 | 1 | 4
About this home

First time in the market. Very well-maintained 3-bedroom bungalow located in a very quiet and convenient area. You'll love the 8' x 18'6" covered front porch, complete with roll-up blind to give you extra privacy as you enjoy your morning coffee or afternoon tea. The main floor has so many updates, from windows, freshly painted, bedrooms flooring (engineered hardwood 2026), refinished original hardwood (2026) on the living room and hallway. The dining area is open to an oak kitchen that comes with bank of drawers, and as you walk from the dining through the patio door, you'll find yourself on 12' x15' deck overlooking a well-manicured and landscaped yard, which is adjacent to 12' x 17' concrete patio perfect for your summer entertaining, plus a good-size outdoor shed on a concrete pad perfect for your extra storage. The basement comes with a nice rec-room with a built-in storage cupboard, a room perfect for that overnight guest or office, and another storage area. All appliances are included. 100 Amp Breaker. Spacious laundry room with a new washer and dryer. Furnace, A/C and Shingles approx. 6 years old. Walking distance to public school, high school, shopping, hospital, medical centre, and even Tim Hortons.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,996
Lot Size49.72 ft x 105.87 ft
mls© NumberX13615654
Listed ByROYAL LEPAGE TRILAND REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$2,559
Property tax
$250
Heat allowance
$150
Housing costs
$2,958 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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