600 Guiness Way 29, London North

$514,900
600 Guiness Way 29

$514,900

New
21d
Condo Townhouse2-Storey

600 Guiness Way 29, London North

Total Monthly Obligation $2,990

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
21d
Score
20
Yield
6.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Townhouse
MLS® Number-X13853962
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,275 (2025)
Maintenance-$357/mo
Locker-None
Parking-2 - Built-In
Basement-Development Potential, Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-SAKER REALTY CORPORATION
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-North D
Title-Residential Condo & Other

No agent assigned

Newly built end unit with upscale finishes throughout! Welcome to 29-600 Guiness Way, tucked back in Auburn Homes' Cedarhollow development in sought-after London North. Step inside and you're greeted by hardwood floors and massive windows that flood the main floor with natural light, something you don't often find in a townhome. Next, your eyes are drawn to the open modern staircase finished with sleek black metal spindles. Heading into the open-concept living space, the gourmet kitchen anchors the room with a large peninsula and quartz countertops. The living area is equally impressive with oversized windows, tons of natural light and stunning upscale light fixtures. Upstairs, you'll find the perfect work-from-home space with a built-in desk. Entering the primary bedroom, you're greeted by vaulted ceilings that give the room a grand, airy feel, along with a walk-in closet and private ensuite featuring quartz counters and a walk-in shower finished with Italian-inspired subway tile. Down the hall are 2 more spacious bedrooms and another beautifully finished full bathroom. Downstairs, the unfinished basement is waiting for you to bring your vision to life while adding even more living space and future value. Out back, enjoy a private deck surrounded by greenspace and trees. Additional features include an attached single-car garage with inside entry, private driveway parking, adjacent visitor parking and security system rough-in. Walking distance to Cedar Hollow Public School, parks and paved trails along the Thames River, with quick access to Stoney Creek Community Centre, shopping, dining, Hwy 401 and Veterans Memorial Parkway. Upscale finishes, incredible natural light, greenspace and the added privacy of an end unit.. this is one you'll want to see in person.

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

Closing Costs

Mortgage Amount
$411,920
Land Transfer Taxes$6,773
Legal Fees (Est.)
$
Total cash required for closing$111,253

Total Monthly Obligation

$2,990/mo
Mortgage $2,077
Monthly Loss $2,444
Principal$547
Interest$1,530
Property Tax$356
Condo Fees$357
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.5/ 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
$31,200/yr
NOI
$17,121/yr
Net Cash Flow
-$650/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.3/ 100

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

Comparables

Properties near 600 Guiness Way 29

Time

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