63 Condor Court, London East

$629,900
63 Condor Court

$629,900

New
30d
DetachedBacksplit 4

63 Condor Court, London East

Total Monthly Obligation $3,251

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
30d
Score
19
Yield
5.1%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13819538
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-42.24 × 105.3 ft
Listed on site-Sep 23, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,023 (2025)
Parking-5 - Attached
Basement-Walk-Out, Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PINHEIRO REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas, Rec Room
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 Days
Neighbourhood-East P
Title-Residential Freehold

No agent assigned

Pride of ownership shines throughout this 4-level backsplit, offered for the very first time by its original owners. Featuring 3 bedrooms, 2 full baths, and an attached 1.5-car garage, this layout is designed for both effortless daily living and impressive entertaining. Key Highlights: The main level features seamless flow from the kitchen down to the third level, anchored by a striking open staircase with custom wooden and wrought-iron railings. Modern Upgrades: Includes durable granite kitchen countertops, gleaming hardwood floors, updated bedroom carpeting (2023), and a refreshed main bath. Major mechanical updates include replacement windows (2020) and a updated roof (2015).Finished Lower Level: The bottom tier is built to entertain, complete with a sprawling recreation room featuring a custom bar, a dedicated cold cellar, laundry facilities, and abundant storage options. Private Outdoor Retreat: Step outside to a fully landscaped backyard oasis featuring a private patio, serene fish pond, and mature greenery backing onto quiet surroundings. With flexible closing terms available and hassle-free scheduling, this turnkey property is ready for its next owners. Contact us today to arrange your private tour!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,251/mo
Mortgage $2,541
Monthly Loss $2,582
Principal$669
Interest$1,872
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$31,836/yr
NOI
$20,129/yr
Net Cash Flow
-$863/mo
Cash Margin
-32.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.3/ 100

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

Comparables

Properties near 63 Condor Court

Time

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