50 Chapman Court 4, London North

$399,900
50 Chapman Court 4

$399,900

New
29d
Condo Townhouse2-Storey

50 Chapman Court 4, London North

Total Monthly Obligation $2,417

Beds
3
Baths
3
Park
2
Sqft
1000-1199
DOM
29d
Score
23
Yield
6.9%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Condo Townhouse
MLS® Number-X13822246
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,034 (2025)
Maintenance-$351/mo
Locker-None
Parking-2 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-VACANT
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Welcome to this stunning condo townhouse tucked into an extremely desirable North London community nearby Western University. This is a rare opportunity for an affordable 3 bedroom 3bathroom space in one of London's most sought-after student and family friendly neighbourhoods. The spacious kitchen sits at the back of the home, opening through garden doors to your own private deck, perfect for morning coffee or evening unwinding. The generously sized dining area offers plenty of room for family meals and everyday gatherings, and a comfortable living room offers flexible space for relaxing or entertaining. Upstairs, retreat to the large primary bedroom featuring a charming bay window that fills the space with natural light. Here you will find the two additional bedrooms offering flexible space for family, guests, or a home office. The partially finished lower level adds valuable extra living space, complete with a multi-use rec room and a bathroom. With two parking spaces and condo fees that cover snow removal, grass maintenance, and building exterior upkeep, low maintenance living has never looked this good. This location puts everything within easy reach. Walk to Western University or explore the nearby schools, parks, and stores.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,417/mo
Mortgage $1,613
Monthly Loss $1,992
Principal$424
Interest$1,189
Property Tax$253
Condo Fees$351
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.1%51
10-Year IRR
12.4%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$27,696/yr
NOI
$15,280/yr
Net Cash Flow
-$340/mo
Cash Margin
-14.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
33.3/ 100

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

Comparables

Properties near 50 Chapman Court 4

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.