480 CALLAWAY Road 114, London North

$759,900
480 CALLAWAY Road 114

$759,900

New
52d
Condo Apartment1 Storey/Apt

480 CALLAWAY Road 114, London North

Total Monthly Obligation $4,439

Bed+Den
3+1
Baths
2
Park
2
Sqft
1800-1999
DOM
52d
Score
17
Yield
5.4%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-X13731806
Bed+Den-3+1
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Sep 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$5,777.21 (2025)
Maintenance-$692/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-90+ days
Neighbourhood-North A
Title-Residential Condo & Other

No agent assigned

Welcome to 480 Callaway Road North Link, an exceptional 2-bedroom plus den, 2-bathroom main-floor condo offering approximately 1,800 sq. ft. of beautifully designed living space. This spacious previous model features an impressive open-concept layout with engineered wood laminate flooring, elegant granite finishes, and a cozy fireplace creating a warm and inviting atmosphere. The generous primary suite offers a walk-in closet, private suite and direct access to one of two large private patios - an incredible feature rarely found in condo living. The second spacious patio provides even more outdoor living and entertaining space. Enjoy the convenience of two side-by-side parking spaces, complete with a dedicated EV charger, as well as exclusive private storage. Residents also have access to a stunning amenity centre offering an impressive array of spaces and amenities designed to enhance everyday living. With exceptional indoor and outdoor space, premium features, abundant storage, and the convenience of main-floor living, this is a truly special condo that combines comfort, style, and an elevated lifestyle.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$4,439/mo
Mortgage $3,065
Monthly Loss $3,632
Principal$807
Interest$2,259
Property Tax$481
Condo Fees$692
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 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
$40,668/yr
NOI
$20,120/yr
Net Cash Flow
-$1,389/mo
Cash Margin
-41.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.3/ 100

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

Comparables

Properties near 480 CALLAWAY Road 114

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.