422 Old Wonderland Road, London South

$585,000
422 Old Wonderland Road

$585,000

New
28d
Vacant Land Condo2-Storey

422 Old Wonderland Road, London South

Total Monthly Obligation $2,735

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
28d
Score
21
Yield
4.6%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Vacant Land Condo
MLS® Number-X13829134
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Vacant Land Condo
Age-New
Maintenance-$175/mo
Locker-None
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP PAWLOWSKI & COMPANY REAL ESTATE BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-South N
Title-Residential Condo & Other

No agent assigned

ACT NOW!! NEW Government HST Rebate!! Exceptional limited-time savings on a brand-new home in one of Southwest London's most desirable communities. IMMEDIATE POSSESSION AVAILABLE. Experience modern luxury and low-maintenance living in this quality-built vacant land condo tucked in a quiet cul-de-sac in Southwest London. Offering approx. 1585 sq ft, this thoughtfully designed interior unit blends comfort, style, and everyday convenience.The main floor features engineered hardwood, 9 ft ceilings, and an open concept layout ideal for both relaxing and entertaining. The modern vintage kitchen showcases custom cabinetry, quartz countertops, a tile backsplash, and a large island, with all appliances included. A bright dinette with patio doors leads to the back deck, while the spacious family room offers generous natural light.Upstairs, three well-sized bedrooms include a primary suite with a large walk-in closet and a sleek ensuite with a porcelain and ceramic tile shower and quartz vanity. A convenient second-floor laundry room completes this level. Step outside to a 10' x 12' deck with a privacy screen-an inviting retreat for morning coffee or evening downtime. With its thoughtful finishes, open layout, and peaceful setting, this home delivers a lifestyle of ease and elegance just minutes from shopping, parks, schools, and city amenities. A rare chance to move into a brand new home without the wait.

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

Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$2,735/mo
Mortgage $2,360
Monthly Loss $2,114
Principal$621
Interest$1,739
Condo Fees$175
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%36
10-Year IRR
10.6%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$26,904/yr
NOI
$19,714/yr
Net Cash Flow
-$717/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.4/ 100

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

Comparables

Properties near 422 Old Wonderland Road

Time

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