215 Walmer Grove, London North

$599,900
215 Walmer Grove

$599,900

New
28d
DetachedBacksplit 4

215 Walmer Grove, London North

Total Monthly Obligation $3,194

HausQ Valuation Report
Beds
6
Baths
2
Park
4
Sqft
1500-2000
DOM
28d
Score
27
Yield
7.0%
Cash on Cash
5.4%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Detached
MLS® Number-X13827330
Beds-6
Bathrooms-2
Size-1500-2000 sqft
Lot Size-39.99 × 106 ft
Listed on site-Sep 25, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$4,794 (2025)
Parking-45 - Attached
Basement-Walk-Out, Finished
Heating-Forced Air (Wood)
Brokerage-RE/MAX CENTRE CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-North K
Title-Residential Freehold

No agent assigned

ATTENTION WESTERN PARENTS AND INVESTORS!!!! THIS SPACIOUS 4 LEVEL SIDESPLIT IN CHESHAM ESTATES IS EXACTLY WHAT YOU HAVE BEEN LOOKING FOR!!! 5+1 SPACIOUS BEDROOMS, 2 FULL BATHS, 2 KITCHEN AREAS, WITH PLENTY OF COMMON AREA, LOWER LEVEL WALKOUT AND SIDE DECKING (CONVENIENT BBQ AREA OFF THE KITCHEN).THE PROPERTY IS IMMACULATE, WITH UPGRADED FLOORING, NEUTRAL PAINT TONES THROUGH OUT, RENOVATED BATHS AND PLENTY OF PARKING!!! JUST MINUTES TO WESTERN CAMPUS ALONG WESTERN RD.!!!! CURRENTLY RENTED AT $800.00/BD +UTIL., AND CAN BE VACANT FOR MAY 1, 2027.

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,194/mo
Mortgage $2,420
Monthly Loss $2,558
Principal$637
Interest$1,783
Property Tax$400
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.4%7
5-Year IRR
15.4%73
10-Year IRR
14.9%
Returns Index
39.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$42,000/yr
NOI
$28,506/yr
Net Cash Flow
-$44/mo
Cash Margin
-1.3%4
Cash Flow Index
3.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
31.0/ 100

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

Comparables

Properties near 215 Walmer Grove

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.

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Data last updated within the past 24 hours.