2650 Buroak Drive 22, London North

$764,900
2650 Buroak Drive 22

$764,900

New
29d
Condo TownhouseBungalow

2650 Buroak Drive 22, London North

Total Monthly Obligation $4,164

Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
29d
Score
15
Yield
3.9%
Cash on Cash
-10.4%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Condo Townhouse
MLS® Number-X13824586
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$5,773 (2025)
Maintenance-$398/mo
Locker-None
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-North S
Title-Residential Condo & Other

No agent assigned

Welcome to this inviting end unit bungalow tucked back away from the main road in a small enclave of one floor homes in the heart of Hyde Park. Located in a growing North London community known for its family friendly feel, parks, schools and convenient access to shopping, restaurants and everyday amenities, this home offers a wonderful blend of comfort, style and easy living.Step inside and you'll immediately appreciate the bright, open feel, enhanced by the additional dining room window that comes with being an end unit. The beautifully upgraded custom kitchen features high end appliances, including an impressive CAFÉ Professional Series 30" Smart Built In Convection French Door Double Wall Oven. The kitchen flows into the main living space, where a gas fireplace creates a warm and welcoming place to relax or entertain.Sliding patio doors lead to the wooden deck with a gas BBQ hookup and a lovely outlook, presently backing onto green space. It's a peaceful spot for morning coffee & summer dinners. The spacious primary bedroom features a modern ensuite with double sinks and a walk in shower. The second main floor bedroom is currently used as a home office, offering flexibility to suit your lifestyle. Main floor laundry features a stylish matte black washer and dryer, and the attached double garage adds everyday convenience.The fully finished lower level offers a generous family room with space for relaxing, games or entertaining, plus an additional bedroom, full bathroom, hobby room and plenty of storage.With one floor living, thoughtful upgrades and flexible living space, this is a home that can adapt to many stages of life. Comfortable, stylish and easy to enjoy, this one feels like home the moment you walk in.

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

Mortgage Amount
$611,920
Land Transfer Taxes$11,773
Legal Fees (Est.)
$
Total cash required for closing$166,253

Total Monthly Obligation

$4,164/mo
Mortgage $3,085
Monthly Loss $3,353
Principal$812
Interest$2,273
Property Tax$481
Condo Fees$398
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.8%10
10-Year IRR
6.7%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$30,084/yr
NOI
$14,127/yr
Net Cash Flow
-$1,908/mo
Cash Margin
-76.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.4/ 100

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

Comparables

Properties near 2650 Buroak Drive 22

Time

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