1200 Cheapside Street 18, London East

$319,000
1200 Cheapside Street 18

$319,000

New
27d
Condo Townhouse2-Storey

1200 Cheapside Street 18, London East

Total Monthly Obligation $2,025

Bed+Den
4+1
Baths
2
Park
1
Sqft
1000-1199
DOM
27d
Score
33
Yield
8.8%
Cash on Cash
8.3%
Cap Rate
6.4%
5Y IRR
22.2%
10Y IRR
20.1%
Property Type-Condo Townhouse
MLS® Number-X13831732
Bed+Den-4+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,176.16 (2026)
Maintenance-$357/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Possession-Possession tenant dependant
Neighbourhood-East C
Title-Residential Condo & Other

No agent assigned

Spacious 3+1 bedroom end unit townhouse condo, perfect for a handyman, renovator, or contractor. Conveniently located near Fanshawe, shopping, and amenities, with a park right out back. Enjoy affordable condo fees and available parking.

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

Closing Costs

Mortgage Amount
$255,200
Land Transfer Taxes$3,260
Legal Fees (Est.)
$
Total cash required for closing$68,560

Total Monthly Obligation

$2,025/mo
Mortgage $1,287
Monthly Loss $1,686
Principal$339
Interest$948
Property Tax$181
Condo Fees$357
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.6%11
5-Year IRR
17.2%83
10-Year IRR
16.5%
Returns Index
45.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 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
$28,200/yr
NOI
$16,520/yr
Net Cash Flow
$90/mo
Cash Margin
3.8%10
Cash Flow Index
9.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0733
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
43.4/ 100

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

Comparables

Properties near 1200 Cheapside Street 18

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.