97 Timber Drive, London South

$939,000
97 Timber Drive

$939,000

New
22d
Detached2-Storey

97 Timber Drive, London South

Total Monthly Obligation $4,854

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
22d
Score
18
Yield
5.1%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13851898
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-75.46 × 98.66 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$8,298 (2025)
Parking-4 - Attached
Basement-Finished with Walk-Out, Full, Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-BLUE FOREST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-South B
Title-Residential Freehold

No agent assigned

Welcome to 97 Timber Drive, an impressive home tucked into one of Byron's most established neighbourhoods and surrounded by mature trees. Offering 5 bedrooms, 4 bathrooms, a double car garage, and a walkout lower level, this home provides an exceptional amount of space for family living, entertaining, and extended family.The main level features generous living spaces, a renovated kitchen, and large windows overlooking the backyard. Outside, enjoy a multi-level deck, in-ground pool, hot tub, and a private setting perfect for relaxing or hosting. Upstairs, the spacious primary bedroom features a charming reading nook, an ensuite with double vanity and corner tub, and a comfortable layout designed for relaxing at the end of the day. Additional bedrooms provide plenty of space for family, guests, or a home office.The finished walkout lower level adds even more versatility with additional living space and its own kitchen perfect for extended family, guests, or additional entertaining space.Located close to excellent schools, parks, trails, shopping, and everything Byron has to offer, 97 Timber Drive combines a mature setting, generous living space, and a backyard built to be enjoyed. A unique opportunity to own a home with character, functionality, and room for the whole family.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$751,200
Land Transfer Taxes$15,255
Legal Fees (Est.)
$
Total cash required for closing$204,555

Total Monthly Obligation

$4,854/mo
Mortgage $3,788
Monthly Loss $3,857
Principal$997
Interest$2,791
Property Tax$692
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.8/ 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
$47,748/yr
NOI
$30,175/yr
Net Cash Flow
-$1,273/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.2/ 100

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

Comparables

Properties near 97 Timber Drive

Time

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Data last updated within the past 24 hours.