1635 Upper West Avenue, London South

$899,900
1635 Upper West Avenue

$899,900

New
18d
Detached2-Storey

1635 Upper West Avenue, London South

Total Monthly Obligation $4,631

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
18d
Score
16
Yield
4.1%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X13860712
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-46.42 × 117.36 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$7,510 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South B
Title-Residential Freehold

No agent assigned

Set in the Riverbend community, this four-year-old home features a customized version of Bridlewood Homes' Duke floor plan, with three bedrooms plus a den upstairs for added flexibility. Upgraded windows, 9-foot ceilings and 8-foot doors give the home an open, airy feel. The kitchen showcases two-toned wood finishes by Cardinal Fine Cabinetry and connects to the living area, centred around a gas fireplace. Sliding doors off the dining area open to a pressure-treated wood deck with a natural gas BBQ hookup, overlooking a fenced yard with mature trees and established landscaping. Upstairs, the primary bedroom offers a walk-in closet with custom shelving and a 5-piece ensuite with in-floor heating, a large walk-in shower, a freestanding tub and a separate water closet. A spacious upper-floor laundry room includes counter space and storage cabinetry. 2 more spacious bedrooms are located on either side of a 4-piece bathroom with a double quartz vanity. Located at the front of the home is the large den space with tons of natural light, offering versatile living space or perfect for future development to a 4th bedroom. The unfinished basement has bathroom and kitchen rough-ins, which provides an option for future living space, or additional income. This home didn't miss a step as it inludes security system and pre-wiring for a sound system. Stone masonry, a paver stone driveway and a double-car garage with windowed doors complete the exterior, bringing together the appeal of a newer home with outdoor spaces ready to enjoy.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,631/mo
Mortgage $3,630
Monthly Loss $3,676
Principal$955
Interest$2,675
Property Tax$626
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%16
10-Year IRR
8.0%
Returns Index
9.6/ 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
$36,972/yr
NOI
$21,265/yr
Net Cash Flow
-$1,858/mo
Cash Margin
-60.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.4/ 100

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

Comparables

Properties near 1635 Upper West Avenue

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