601 Lions Park Drive 77, Strathroy-Caradoc

$500,000
601 Lions Park Drive 77

$500,000

New
28d
Condo Townhouse2-Storey

601 Lions Park Drive 77, Strathroy-Caradoc

Total Monthly Obligation $2,614

Beds
3
Baths
4
Park
1
Sqft
1400-1599
DOM
28d
Score
26
Yield
6.5%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Condo Townhouse
MLS® Number-X13829012
Beds-3
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,223 (2025)
Maintenance-$129/mo
Locker-None
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Mount Brydges
Title-Residential Condo & Other

No agent assigned

Beautiful, like-new freehold condo located in the desirable community of Mt. Brydges, offering convenient access to greenspace, the arena, community centre, and Highway 402. This fully finished two-storey home features three spacious bedrooms upstairs, including a generous primary suite with a walk-in closet and a beautifully finished ensuite bathroom. The bright, open-concept main floor showcases modern finishes throughout, including quartz countertops, a centre island, soft-close cabinetry, subway tile backsplash, hardwood flooring, and patio doors leading to a raised deck-perfect for BBQs and outdoor entertaining. Additional features include a single-car garage, private driveway, ample visitor parking, and a well-maintained interior that is truly move-in ready.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$400,000
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$2,614/mo
Mortgage $2,017
Monthly Loss $2,084
Principal$531
Interest$1,486
Property Tax$269
Condo Fees$129
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.0%5
5-Year IRR
14.1%65
10-Year IRR
13.8%
Returns Index
34.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$32,424/yr
NOI
$22,011/yr
Net Cash Flow
-$183/mo
Cash Margin
-6.8%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
33.7/ 100

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

Comparables

Properties near 601 Lions Park Drive 77

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.