50 Chapman Court 8, London North

$389,900
50 Chapman Court 8

$389,900

New
22d
Condo Townhouse2-Storey

50 Chapman Court 8, London North

Total Monthly Obligation $2,363

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
24
Yield
7.1%
Cash on Cash
1.6%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Condo Townhouse
MLS® Number-X13848946
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$2,867 (2025)
Maintenance-$351/mo
Locker-None
Parking-1 - None
Basement-Partially Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Concrete
Possession-Immediate
Neighbourhood-North I
Title-Residential Condo & Other

No agent assigned

Great opportunity in a highly convenient location. To own this condo-perfect for first-time buyers or young families! The Fantastic 3 Bedroom + 2 Washroom Townhome Located In A Desirable Complex Within Walking Distance To UWO, Bus Routes, Costco, Banking, Restaurants. Finished Oak Hardwood Flooring on the main floor and laminated floor on the second floor and basement, Partially Finished Basement For A Rec Room. Eat-In Kitchen With Terrace Doors To Private Rear Deck. 2 Parking Spaces, Condo Fees $351 monthly. Move-In condition.

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

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,363/mo
Mortgage $1,573
Monthly Loss $1,949
Principal$414
Interest$1,159
Property Tax$239
Condo Fees$351
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.1%3
5-Year IRR
12.6%54
10-Year IRR
12.8%
Returns Index
28.2/ 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
$27,696/yr
NOI
$15,447/yr
Net Cash Flow
-$285/mo
Cash Margin
-12.4%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
34.3/ 100

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

Comparables

Properties near 50 Chapman Court 8

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.