2635 BATEMAN Trail 4, London South

$599,900
2635 BATEMAN Trail 4

$599,900

New
19d
Condo TownhouseMulti-Level

2635 BATEMAN Trail 4, London South

Total Monthly Obligation $3,162

Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
19d
Score
19
Yield
5.0%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-X13860018
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 4, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Age-11-15
Taxes-$3,755 (2025)
Maintenance-$229/mo
Locker-None
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Roof-Shingles
Foundation-Concrete
Possession-60-89 days
Neighbourhood-South W
Title-Residential Condo & Other

No agent assigned

A beautiful townhome with attached garage in South London! Convenient double-wide private drive, single car garage and pleasing stone and brick exterior. Main floor offers rich espresso hardwood, matching Venetian blinds and oversized windows let in great natural light. Kitchen offers stainless steel appliances, generous shaker-style cabinetry, Island seating with a double sink, microwave, built-in dishwasher. Dining area overlooks the back patio through glass doors. Treat yourself to cathedral-ceiling detail over a lovely arching window in the Primary Bedroom Suite on the second level - ample closet space and 4 piece ensuite complete the space. The third level has 2 bedrooms with a 4 piece bathroom. Lower features fully finished bright recreation room and a lower level for additional storage. Lovely deck adds ample space for warm-weather gatherings. Beautifully maintained and move in-ready. Welcome home!

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,162/mo
Mortgage $2,420
Monthly Loss $2,525
Principal$637
Interest$1,783
Property Tax$313
Condo Fees$229
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,252/yr
NOI
$18,324/yr
Net Cash Flow
-$893/mo
Cash Margin
-35.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
25.6/ 100

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

Comparables

Properties near 2635 BATEMAN Trail 4

Time

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Data last updated within the past 24 hours.