601 Lions Park Drive 62, Strathroy-Caradoc

$479,900
601 Lions Park Drive 62

$479,900

New
21d
Condo TownhouseMulti-Level

601 Lions Park Drive 62, Strathroy-Caradoc

Total Monthly Obligation $2,500

Beds
3
Baths
4
Park
1
Sqft
1400-1599
DOM
21d
Score
28
Yield
6.8%
Cash on Cash
4.4%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.5%
Property Type-Condo Townhouse
MLS® Number-X13856796
Beds-3
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 2, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,137 (2025)
Maintenance-$102.44/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Mount Brydges
Title-Residential Condo & Other

No agent assigned

Beautiful 4-level backsplit end-unit featuring a walkout from the lower level and a private deck off the dining area. This impressive 3-bedroom, 3.5-bath home offers a spacious layout with high-end finishes throughout. The modern kitchen comes complete with premium stainless steel appliances, quartz countertops, and stylish cabinetry. Hardwood flooring runs through the main level, while porcelain tile accents all wet areas and elegant glass-tiled showers add a luxurious touch. Enjoy 9-foot ceilings, upgraded lighting, a fully finished basement, and convenient second-floor laundry. The lower-level family room opens to a fully fenced backyard, creating a great space for relaxing or entertaining. A truly stunning home that must be seen to be appreciated.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,500/mo
Mortgage $1,936
Monthly Loss $1,990
Principal$509
Interest$1,426
Property Tax$261
Condo Fees$102
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.8%6
5-Year IRR
15.1%71
10-Year IRR
14.6%
Returns Index
37.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$32,424/yr
NOI
$22,415/yr
Net Cash Flow
-$68/mo
Cash Margin
-2.5%3
Cash Flow Index
2.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
36.0/ 100

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

Comparables

Properties near 601 Lions Park Drive 62

Time

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