582 Hyde Park Road 7, London North

$574,900
582 Hyde Park Road 7

$574,900

Price Change
67d
Condo Townhouse2-Storey

582 Hyde Park Road 7, London North

Total Monthly Obligation $3,335

Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
67d
Score
17
Yield
5.1%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Townhouse
MLS® Number-X13681646
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Aug 17, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,627 (2025)
Maintenance-$430/mo
Locker-None
Parking-3 - Attached
Basement-Finished, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Vinyl Siding, Brick Veneer
Possession-60-89 days
Neighbourhood-North O
Title-Residential Condo & Other

No agent assigned

Prime Oakridge location backing directly onto the Sifton environmentally protected area with stunning views year-round! This beautiful 3-bedroom, 2 1/2-bathroom condo townhome is located in a unique enclave, just a short walk to great neighbourhood amenities.The spacious kitchen features a raised breakfast bar and new kitchen countertops (2026). The kitchen is open to the living room, making it ideal for entertaining. Walk out from the dinette to the upper sundeck overlooking the greenspace. The sundeck comes complete with a retractable awning so it can be enjoyed anytime.The private primary bedroom features a palladium window, California shutters, his & hers closets, and a 3-piece ensuite. The finished lower-level family room offers a walkout to the private lower patio. New flooring (2026) and A/C (2024). Appliances are included.The unit and complex are very well maintained and in excellent condition throughout. This is an ideal home for young families, working professionals, and empty nesters. Conveniently located near Oakridge Secondary School and other neighbourhood amenities. Just move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$459,920
Land Transfer Taxes$7,973
Legal Fees (Est.)
$
Total cash required for closing$124,453

Total Monthly Obligation

$3,335/mo
Mortgage $2,319
Monthly Loss $2,724
Principal$610
Interest$1,709
Property Tax$386
Condo Fees$430
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
7.1%18
10-Year IRR
8.4%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,232/yr
NOI
$14,122/yr
Net Cash Flow
-$1,142/mo
Cash Margin
-46.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 582 Hyde Park Road 7

Time

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Data last updated within the past 24 hours.