311 Vesta Road 16, London East

$269,900
311 Vesta Road 16

$269,900

New
18d
Condo Townhouse2-Storey

311 Vesta Road 16, London East

Total Monthly Obligation $1,858

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
18d
Score
51
Yield
10.8%
Cash on Cash
14.6%
Cap Rate
7.7%
5Y IRR
27.5%
10Y IRR
24.7%
Property Type-Condo Townhouse
MLS® Number-X13862118
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,727.11 (2026)
Maintenance-$425/mo
Locker-None
Parking-1 - None
Basement-Full, Partially Finished
Heating-Baseboard (Electric)
Brokerage-SUTTON GROUP PREFERRED REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-FLEXIBLE
Neighbourhood-East A
Title-Residential Condo & Other

No agent assigned

Great townhouse (move-in condition) for the 1st time buyers, investors and growing family in a very convenient location. Large, bright living/dining room, eat-in kitchen with door leading to the patio. Lower level with the rec room and 4 piece bathroom. Many upgrades in 2026: flooring, kitchen, stove, fridge, freshly painted, front door. Minutes to Fanshawe College, shopping, parks, schools bus route, airport. Easy access to HWY#401.

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

Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$1,858/mo
Mortgage $1,089
Monthly Loss $1,571
Principal$286
Interest$802
Property Tax$144
Condo Fees$425
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.3%54
Cash-on-Cash
6.8%31
5-Year IRR
21.5%95
10-Year IRR
20.2%
Returns Index
61.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
51/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,160/yr
NOI
$17,017/yr
Net Cash Flow
$329/mo
Cash Margin
13.6%43
Cash Flow Index
42.8/ 100
Risk Profile
Weight: 20%
DSCR
1.3055
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
52.4/ 100

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

Comparables

Properties near 311 Vesta Road 16

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.