288 Ashford Street, Central Elgin

$740,000
288 Ashford Street

$740,000

New
39d
Detached2-Storey

288 Ashford Street, Central Elgin

Total Monthly Obligation $3,360

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
39d
Yield
5.2%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X13781706
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40 × 106.43 ft
Listed on site-Sep 14, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Belmont
Title-Residential Freehold

No agent assigned

**Currently under construction ** Welcome home to this beautifully crafted new build in the heart of Belmont, a welcoming and family-friendly community just minutes east of London and close to Hwy 401. Perfectly positioned with no rear neighbours, this home backs directly onto open soccer fields, offering peaceful views and space for kids to play right outside your backyard.Built with quality and attention to detail, this home features 2x6 exterior wall construction, and energy-efficient systems including a 96% high-efficiency furnace, HRV, and central air. The thoughtfully designed interior showcases a bright, open-concept layout with granite kitchen countertops, soft-close cabinetry, a unique staircase upon entry, and modern finishes throughout.Enjoy stylish and durable flooring including vinyl plank on the main level, tile in bathrooms and laundry, and cozy carpeted bedrooms. Additional highlights include 9' basement walls, a 200-amp electrical service, CAT5 wiring, insulated garage, and a tankless hot water system (rental).The exterior is just as impressive with Brampton brick, prefinished aluminum soffit and fascia, Handi Paver driveway, and fully sodded lot. Finished with care right down to the details , including full-height bathroom mirrors, Moen fixtures, and a professionally cleaned home prior to closing.A wonderful opportunity to own a brand-new home in a growing community that offers small-town charm with easy access to city amenities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$592,000
Land Transfer Taxes$11,275
Legal Fees (Est.)
$
Total cash required for closing$160,775

Total Monthly Obligation

$3,360/mo
Mortgage $2,985
Monthly Loss $2,574
Principal$785
Interest$2,199
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

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

Comparables

Properties near 288 Ashford Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.