420 Old Wonderland Road, London South

$565,000
420 Old Wonderland Road

$565,000

New
22d
Vacant Land Condo2-Storey

420 Old Wonderland Road, London South

Total Monthly Obligation $3,014

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
22d
Score
18
Yield
4.8%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Vacant Land Condo
MLS® Number-X13850770
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Vacant Land Condo
Age-0-5
Taxes-$4,325 (2025)
Maintenance-$175/mo
Locker-None
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-South N
Title-Residential Condo & Other

No agent assigned

Discover the Perfect Blend of Luxury and Affordability in this Spacious 1,585 sq ft 2-storey Townhouse with Low Condo Fees. 3 Bright Bedrooms and 2.5 Pristine Bathrooms, this Home Offers both Comfort and Style for Families or Professionals Seeking Modern Living. The Open Main Floor includes a Gourmet Kitchen with Plenty of Natural Light, a Cozy Living Area, and a Dining Space Perfect for Entertaining. Kitchen Comes Complete with Reverse Osmosis Water Filter System, Custom Cabinetry, Quartz Countertops, Tile Backsplash, a Large Island, and Stainless Steel Appliances. Upstairs, the 3 Bedrooms are Generously Sized. Master Bedroom comes Complete with Ensuite Bathroom and Walk-In Closet. An Attached Garage provides Convenient out of the Weather Parking and Additional Storage. Enjoy the Convenience of a Desirable Location near Schools, Shops, and Transportation. Make this Elegant Townhouse Condo Yours Today! No More Grass to Cut and Snow to Shovel. When You're Ready to Vacation, Just Lock the Door and Enjoy!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$3,014/mo
Mortgage $2,279
Monthly Loss $2,415
Principal$600
Interest$1,679
Property Tax$360
Condo Fees$175
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,904/yr
NOI
$15,389/yr
Net Cash Flow
-$997/mo
Cash Margin
-44.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.1/ 100

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

Comparables

Properties near 420 Old Wonderland Road

Time

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