105 King Street 1, Tillsonburg

$420,000
105 King Street 1

$420,000

New
24d
Condo TownhouseBungalow

105 King Street 1, Tillsonburg

Total Monthly Obligation $2,783

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
17
Yield
5.1%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Condo Townhouse
MLS® Number-X13839992
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$3,290 (2025)
Maintenance-$615/mo
Locker-None
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House Ltd Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Tillsonburg
Title-Residential Condo & Other

No agent assigned

Welcome to 105 King Street, a bright, beautifully refreshed end-unit condo offering comfortable, low-maintenance living in the heart of Tillsonburg. Step inside and one of the first things you'll notice is the brand-new luxury laminate flooring flowing seamlessly throughout the main floor, including the living area, hallways, and both bedrooms. Combined with fresh paint throughout the condo, the entire home feels clean, updated, and move-in ready. As an end unit, the home enjoys plenty of natural light, creating a warm and welcoming atmosphere throughout the day. The functional layout includes two comfortable bedrooms, an easy-to-navigate living space, and the added convenience of your own single-car garage for parking and extra storage. Another great upgrade is the brand-new owned hot water heater. There are no rental fees and no additional monthly rental expense - just one less bill to worry about. Condo living also means more time for yourself. Grass cutting, snow removal, and weeding of the flower beds are all taken care of, so you can spend less time maintaining your property and more time enjoying it. The location is equally appealing. Downtown Tillsonburg is within walking distance, putting local shops, restaurants, cafés, services, and everyday conveniences close to home. Whether you're downsizing, retiring, or simply looking for an easy-care home in an established Tillsonburg community, 105 King Street offers a great combination of fresh updates, low-maintenance living, natural light, garage parking, and a walkable location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$336,000
Land Transfer Taxes$4,875
Legal Fees (Est.)
$
Total cash required for closing$90,375

Total Monthly Obligation

$2,783/mo
Mortgage $1,694
Monthly Loss $2,338
Principal$446
Interest$1,248
Property Tax$274
Condo Fees$615
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.5%0
5-Year IRR
3.8%8
10-Year IRR
6.1%
Returns Index
5.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$21,552/yr
NOI
$6,327/yr
Net Cash Flow
-$1,167/mo
Cash Margin
-65.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
26.7/ 100

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

Comparables

Properties near 105 King Street 1

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.