166 W Southdale Road W 54, London South

$324,900
166 W Southdale Road W 54

$324,900

New
20d
Condo Townhouse2-Storey

166 W Southdale Road W 54, London South

Total Monthly Obligation $1,995

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
20d
Score
31
Yield
8.3%
Cash on Cash
7.0%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Condo Townhouse
MLS® Number-X13859374
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,028 (2025)
Maintenance-$315/mo
Locker-None
Parking-1 - None
Basement-Partially Finished, Full
Heating-Baseboard (Electric)
Brokerage-BLUE FOREST REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-South O
Title-Residential Condo & Other

No agent assigned

Renovated kitchen cupboards, counters and backsplash, windows on main level, vinyl plank flooring on main level, fresh paint throughout, bathroom renovation with marble tub surround and counter top, fixtures, outlets, switches, thermostats, and hardware and both front and back door.....This is a very well kept home and it shows, from the moment you walk through the door. This three bedroom and 2 bath home has a lot to offer at a price to rival that of rent. The main floor has a 2 piece powder room for your convenience, a main floor family room, a dining area and kitchen. Off the kitchen is the doorway to a private outdoor space for entertaining or relaxing. Upstairs, are three bedrooms and a very nicely renovated 4 piece bathroom. On the lower level you will find the laundry room, storage space and an additional room that is all but finished, for extra living space, rec room, office, home gym. The monthly fee covers all of your water usage, lawn maintenance and cutting and full snow removal and clearing, to your front door.

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

Closing Costs

Mortgage Amount
$259,920
Land Transfer Taxes$3,349
Legal Fees (Est.)
$
Total cash required for closing$69,829

Total Monthly Obligation

$1,995/mo
Mortgage $1,311
Monthly Loss $1,650
Principal$345
Interest$966
Property Tax$169
Condo Fees$315
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.0%37
Cash-on-Cash
0.5%9
5-Year IRR
16.3%78
10-Year IRR
15.8%
Returns Index
42.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$27,000/yr
NOI
$16,092/yr
Net Cash Flow
$30/mo
Cash Margin
1.4%6
Cash Flow Index
6.1/ 100
Risk Profile
Weight: 20%
DSCR
1.0229
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo80
Risk Index
42.4/ 100

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

Comparables

Properties near 166 W Southdale Road W 54

Time

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Data last updated within the past 24 hours.