3361 DAVID MILNE Way 30, London South

$498,230
3361 DAVID MILNE Way 30

$498,230

New
24d
Condo Townhouse3-Storey

3361 DAVID MILNE Way 30, London South

Total Monthly Obligation $2,309

Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
24d
Score
30
Yield
6.3%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Condo Townhouse
MLS® Number-X13840446
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-New
Maintenance-$99.6/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER POWER REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Possession-Flexible
Neighbourhood-South W
Title-Residential Condo & Other

No agent assigned

Welcome to 3361 David Milne Way, a brand-new, 1,650 sq. ft. interior townhome by Millstone Homes in their Goldfield community. Available for immediate possession, this beautifully crafted home offers the perfect opportunity to enjoy the benefits of new construction without the wait. Thoughtfully designed with modern living in mind, this home features three bedrooms and two and a half bathrooms. The main entry level welcomes you with a tiled foyer, interior access to the attached garage, and a utility/storage room for added functionality. The second level showcases a bright, open-concept living space finished in a contemporary interior palette. The stylish kitchen is complete with an island featuring Calacatta countertops, generous pantry storage, and seamless flow into the living/dining area, where a door leads to a private balcony. Upstairs, you'll find three well-appointed bedrooms, two full bathrooms, and a convenient laundry area. The primary suite offers a walk-in closet and ensuite. Perfect for families or professionals, this low-maintenance home is ideally located close to shopping, restaurants, entertainment, and has convenient access to Highways 401 and 402. Price includes proposed 2026 HST rebates. Final rebate amount is subject to the passing of Provincial/Federal legislation and purchaser eligibility (Primary Residence/Qualifying Rental) as per government guidelines.

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

Closing Costs

Mortgage Amount
$398,584
Land Transfer Taxes$6,440
Legal Fees (Est.)
$
Total cash required for closing$107,586

Total Monthly Obligation

$2,309/mo
Mortgage $2,010
Monthly Loss $1,780
Principal$529
Interest$1,481
Condo Fees$100
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.3%8
5-Year IRR
15.9%76
10-Year IRR
15.2%
Returns Index
41.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$31,200/yr
NOI
$24,485/yr
Net Cash Flow
$31/mo
Cash Margin
1.2%6
Cash Flow Index
5.9/ 100
Risk Profile
Weight: 20%
DSCR
1.0228
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
39.0/ 100

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

Comparables

Properties near 3361 DAVID MILNE Way 30

Time

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