3149 Walsh Drive, London South

$949,900
3149 Walsh Drive

$949,900

New
17d
Detached2-Storey

3149 Walsh Drive, London South

Total Monthly Obligation $4,207

Beds
6
Baths
5
Park
2
Sqft
2000-2500
DOM
17d
Score
22
Yield
4.9%
Cash on Cash
0.3%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13865344
Beds-6
Bathrooms-5
Size-2000-2500 sqft
Lot Size-41.47 × 111.83 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Model Home-Early April 2027
Neighbourhood-South V
Title-Residential Freehold

No agent assigned

THE WAIT IS OVER - WELCOME TO THE LATEST MODEL HOME BY MAPLETON HOMES! Introducing the LEXINGTON IV - an impressive new design showcasing exceptional quality, thoughtful design and outstanding value in prestigious Talbot Village.Situated on a just-under 42-ft-wide lot, this beautifully finished MODEL HOME offers an impressive 3,239 sq. ft. of finished living space across 3 levels, featuring 6 bedrooms and 4.5 bathrooms.The bright, open-concept main floor is designed for both everyday living and entertaining, featuring a dedicated office/study, premium quartz countertops and a chef-inspired kitchen complete with a walk-in Butler's pantry.Upstairs, you'll find 4 spacious bedrooms, convenient second-floor laundry and private or semi-private bathroom access for every bedroom.The professionally finished lower level adds exceptional versatility with a SEPARATE EXTERIOR SIDE ENTRANCE, 2 additional bedrooms, Rec. Room, 4-pc bathroom and kitchenette - ideal for extended family, guests or additional living space.Refined finishes, exceptional Builder standards and a functional, timeless layout make the Lexington IV an outstanding opportunity to own a brand-new Mapleton Homes MODEL HOME in one of Southwest London's most desirable communities.LOOKING TO BUILD? Choose from several exceptional home designs and premium lot options, including protected treed lots and impressive 52.5-ft lots backing onto green space. Listed price reflects the current Enhanced HST Rebate for qualifying buyers. Call today to book your private showing or stop by one of our Open Houses and discover what Mapleton Homes can do for you! This model home is available for purchase with an extended closing to accommodate the Builder's continued use as a model home. Please inquire for complete pricing, upgrade details and available closing options.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,207/mo
Mortgage $3,832
Monthly Loss $3,198
Principal$1,008
Interest$2,823
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.3%53
10-Year IRR
12.3%
Returns Index
27.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$46,992/yr
NOI
$37,793/yr
Net Cash Flow
-$682/mo
Cash Margin
-17.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
23.1/ 100

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

Comparables

Properties near 3149 Walsh Drive

Time

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