27 Gerald Crescent, London South

$584,900
27 Gerald Crescent

$584,900

New
29d
Detached2-Storey

27 Gerald Crescent, London South

Total Monthly Obligation $3,050

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
29d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13823098
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-33.99 × 98.43 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,782.37 (2026)
Parking-3 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South J
Title-Residential Freehold

No agent assigned

Welcome to 27 Gerald Crescent! This beautifully maintained 3 bedrooms, 2.5 bathrooms two-storey home is located in the desirable Pond Mills neighbourhood. Enjoy living on a quiet crescent just minutes to many amenities including hospital, downtown, shopping, parks and schools. Appreciate your carpet-free main and second floors for easy maintenance! Walk into your bright main floor featuring well appointed living room with pot lights, dinning room and spacious chef kitchen with stainless steel appliances and back splash. The 2nd floor offers a large primary bedroom with a private ensuite and walk-in closet. Other 2 bedrooms and full bathroom completes the 2nd level. Finished basement includes a spacious recreation room, roughed-in bathroom, storage and laundry rooms. Relish fresh air in your front porch. Sliding doors leads to a large deck where you can enjoy your quiet and fully-fenced backyard, flanked by mature trees, perfect for relaxing or entertaining. Parking for 3 vehicles with an attached single garage and double driveway. Recent updates include the furnace and A/C unit, some windows and shingles (Nov. 2020). Six (6) appliances included in the sale in 'as is' condition. Easy access to airport, Hwy 401/402. A move-in-ready home offering excellent value and space!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$467,920
Land Transfer Taxes$8,173
Legal Fees (Est.)
$
Total cash required for closing$126,653

Total Monthly Obligation

$3,050/mo
Mortgage $2,359
Monthly Loss $2,429
Principal$621
Interest$1,738
Property Tax$315
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.0/ 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
$29,088/yr
NOI
$17,897/yr
Net Cash Flow
-$868/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.4/ 100

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

Comparables

Properties near 27 Gerald Crescent

Time

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