1090 Kipps Lane 130, London East

$269,900
1090 Kipps Lane 130

$269,900

Price Change
26d
Condo Townhouse2-Storey

1090 Kipps Lane 130, London East

Total Monthly Obligation $1,743

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
26d
Score
25
Yield
7.5%
Cash on Cash
2.1%
Cap Rate
5.0%
5Y IRR
17.2%
10Y IRR
16.0%
Property Type-Condo Townhouse
MLS® Number-X13835276
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 27, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,070.81 (2026)
Maintenance-$365/mo
Locker-None
Parking-1 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House Ltd Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-90+ days
Neighbourhood-East A
Title-Residential Condo & Other

No agent assigned

Perfect for first-time buyers, this 2 bedroom, 1 bathroom condo offers amazing value in a fantastic location. You will love the bright and open main floor featuring vinyl laminate flooring, a cozy electric fireplace for those winter nights, and new sliding patio door leading to your very own stone patio ideal for BBQs and relaxing downtime. Upstairs, enjoy two freshly painted, generously sized bedrooms with new carpeting in both and a full 4-piece bath. The home comes complete with its own furnace and AC (a rare find in this complex!) ensuring year-round comfort. Laundry is located on the main floor. For larger items, there are coin operated units located in the community Laundry steps away from your home. All this, plus you are close to Western University, Fanshawe College, St. Josephs Hospital, parks, trails, bike paths, restaurants, and more. Stylish, comfortable, and priced right, this condo checks all the boxes!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$1,743/mo
Mortgage $1,089
Monthly Loss $1,456
Principal$286
Interest$802
Property Tax$89
Condo Fees$365
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.2%52
10-Year IRR
12.5%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$20,244/yr
NOI
$10,369/yr
Net Cash Flow
-$225/mo
Cash Margin
-13.3%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
5.5 mo88
Risk Index
40.0/ 100

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

Comparables

Properties near 1090 Kipps Lane 130

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.