177 Edgevalley Road 39, London East

$499,900
177 Edgevalley Road 39

$499,900

New
24d
Condo Townhouse3-Storey

177 Edgevalley Road 39, London East

Total Monthly Obligation $2,828

Beds
3
Baths
4
Park
1
Sqft
1600-1799
DOM
24d
Score
22
Yield
6.2%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Townhouse
MLS® Number-X13839834
Beds-3
Bathrooms-4
Size-1600-1799 sqft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,123.93 (2025)
Maintenance-$268/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric, Family Room
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-East D
Title-Residential Condo & Other

No agent assigned

Welcome to 39-177 Edgevalley Road, a modern three-storey condo townhome in one of North East London's growing communities, just steps from the Thames Valley Parkway trails and minutes to everyday amenities. Offering low-maintenance living with condo fees of $268/month covering snow removal, landscaping, garbage removal, and exterior insurance including roof, windows, garage door, outdoor lighting, and balcony, this home blends lifestyle and convenience. The open-concept main level is anchored by an expansive kitchen designed for entertaining, featuring a full-sized seating area that comfortably accommodates eight, a backsplash added in 2020, sensor lighting and built-in outlets in the walk-in pantry, and upgraded lighting and hardware throughout. Smart home features include a smart thermostat, smart front door lock, and garage keypad entry. Built in 2020 and extensively updated in 2023, the home showcases modern finishes, replaced light fixtures and door hardware, custom cabinetry in the flex room, and a functional front entry with shiplap coat rack feature wall. The insulated garage has been enhanced for seasonal use, complete with added fan, heater, and TV. The upper levels offer bright, well-proportioned living spaces that feel larger than expected, creating a calm and welcoming atmosphere from the moment you walk in. Located just two minutes from grocery shopping, restaurants, and cafes, seven minutes to Masonville Mall, and under fifteen minutes to Highway 401 access, this home is ideally positioned for commuters and outdoor enthusiasts alike. With direct access to the Thames River trail system just steps away, biking, running, and stroller walks become part of your daily routine. A thoughtfully updated home in a location that continues to grow, offering modern comfort, smart functionality, and lasting value.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,828/mo
Mortgage $2,016
Monthly Loss $2,297
Principal$531
Interest$1,486
Property Tax$344
Condo Fees$268
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.2%44
10-Year IRR
11.6%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,828/yr
NOI
$18,005/yr
Net Cash Flow
-$516/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
29.2/ 100

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

Comparables

Properties near 177 Edgevalley Road 39

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.