400 Ambleside Drive 10, London North

$549,900
400 Ambleside Drive 10

$549,900

New
22d
Condo TownhouseBungalow

400 Ambleside Drive 10, London North

Total Monthly Obligation $3,323

Bed+Den
3+1
Baths
3
Park
2
Sqft
1400-1599
DOM
22d
Score
20
Yield
6.3%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Townhouse
MLS® Number-X13847700
Bed+Den-3+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$4,677 (2025)
Maintenance-$515/mo
Locker-None
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL WELCOME REALTY INC BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick Veneer, Other
Possession-15 Days
Neighbourhood-North A
Title-Residential Condo & Other

No agent assigned

Welcome to 400 Ambleside Drive located amidst one of London's finest executive neighbourhoods and nestled among a relaxing stand of Pine trees. Experience exceptional bungalow style condo living in this end unit, offering rare privacy and a layout designed for comfort and flexibility. A dramatic cathedral ceiling elevates the great room, filling it with natural light and creating an impressive, airy focal point. The sunny gourmet style kitchen features premium appointments, and bright exposures that make cooking and entertaining a pleasure. The main floor second bedroom is adjacent to the foyer and could be used as a Den or office providing valuable flexibility. The primary bedroom with its luxury ensuite offers a peaceful retreat, while main floor laundry adds everyday convenience. A partially finished lower level expands your options for recreation, hobbies, or storage as well as featuring a guest bedroom with a 3-piece bath. Step outside to your private courtyard, perfect for morning coffee or evening relaxation. With the privacy of an end unit bungalow and the ease of condo living, this home appeals to downsizers, professionals, and anyone seeking low maintenance living without sacrificing style, space, or adaptability. Note, In regards to room measurements, some rooms have jogs. Buyer can verify measurements.

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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,323/mo
Mortgage $2,218
Monthly Loss $2,739
Principal$584
Interest$1,634
Property Tax$390
Condo Fees$515
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,452/yr
NOI
$17,750/yr
Net Cash Flow
-$739/mo
Cash Margin
-25.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.9/ 100

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

Comparables

Properties near 400 Ambleside Drive 10

Time

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