112 North Centre Road 45, London North

$309,900
112 North Centre Road 45

$309,900

New
22d
Leasehold Condo2-Storey

112 North Centre Road 45, London North

Total Monthly Obligation $3,277

Beds
4
Baths
4
Park
1
Sqft
1200-1399
DOM
22d
Score
16
Yield
10.7%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Leasehold Condo
MLS® Number-X13852650
Beds-4
Bathrooms-4
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Leasehold Condo
Taxes-$4,510 (2025)
Maintenance-$1,451.36/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Possession-Immediate
Neighbourhood-North B
Title-Residential Condo & Other

No agent assigned

LOCATION, LOCATION, LOCATION! Discover the best of Masonville with this bright and spacious condo just steps from Western University, University Hospital, top schools, shopping, restaurants, movie theatres and fitness facilities. The open-concept main level features a fantastic great room flowing into a modern kitchen and dining area, with sliding doors leading to a private deck perfect for entertaining or enjoying summer evenings. Upstairs, you'll find three spacious bedrooms, including a magnificent primary suite with a fabulous walk-in shower and private balcony. The finished lower level provides valuable additional living space with a versatile family room or bedroom plus a 3-piece bath. With three full bathrooms and one half bath, the flexible layout offers plenty of space for families, professionals, students or guests. For investors, the proximity to Western University and University Hospital may offer strong rental-demand potential, while end-users will appreciate the maintenance-free lifestyle and unbeatable Masonville location. Close to everything that makes North London living so desirable, this is an opportunity to own in one of London's most convenient communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$3,277/mo
Mortgage $1,250
Monthly Loss $2,948
Principal$329
Interest$921
Property Tax$376
Condo Fees$1,451
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
5.4%12
10-Year IRR
7.9%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$33,024/yr
NOI
$5,395/yr
Net Cash Flow
-$800/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
23.2/ 100

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

Comparables

Properties near 112 North Centre Road 45

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.

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Data last updated within the past 24 hours.