195 Barker Street 26, London East

$439,900
195 Barker Street 26

$439,900

New
23d
Condo Townhouse2-Storey

195 Barker Street 26, London East

Total Monthly Obligation $2,751

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
23d
Score
24
Yield
7.4%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Condo Townhouse
MLS® Number-X13843018
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$2,783 (2025)
Maintenance-$545/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-East C
Title-Residential Condo & Other

No agent assigned

Priced to Sell! Welcome to this bright and spacious , end-unit 2-storey townhome in the desirable Carling Heights neighborhood. Offers 3 beds 3 bathrooms, Conveniently located between Fanshawe College and Western University, this home offers a great combination of comfort, space, and location-ideal for families, professionals, students, or investors. Plenty of natural light throughout, creating a warm and inviting feel from the moment you walk in. The main floor offers a practical open concept layout designed for everyday living, with a separate dining area and an eat-in kitchen featuring ,black splash' STS appliance modern cabinetry and generous counter space. Main-floor laundry adds everyday convenience, while the walkout to the rear patio provides an easy connection to your outdoor space. Hard-surface flooring throughout most of the home adds a clean, modern feel and makes everyday maintenance easy. Upstairs, three generously sized bedrooms, each offering good closet space. The spacious primary bedroom features a large walk-in closet and plenty of room to create your own comfortable retreat, with convenient access to the full bathroom. The fully finished basement gives you valuable additional living space and endless possibilities. Set it up as a family or recreation room, home office, gym, media room, or a combination of uses. The basement also includes a den that could potentially be converted back into a bedroom, depending on your needs and applicable requirements. Extended driveway offering space for two vehicles, plus a single attached garage. The garage is also equipped with a heater, making those cold London winters a little more comfortable when getting in and out of your vehicle or working on a project. Furnace(2017) AC been updated with owned Tankless water tank savings of monthly operating cost . If you've been waiting for a home that offers room to live, work, relax and grow-come see what this one has to offer!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,751/mo
Mortgage $1,774
Monthly Loss $2,284
Principal$467
Interest$1,307
Property Tax$232
Condo Fees$545
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.7%55
10-Year IRR
12.9%
Returns Index
28.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$32,508/yr
NOI
$17,534/yr
Net Cash Flow
-$313/mo
Cash Margin
-11.6%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
30.9/ 100

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

Comparables

Properties near 195 Barker Street 26

Time

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Data last updated within the past 24 hours.