159 Sandringham Crescent 78, London South

$299,900
159 Sandringham Crescent 78

$299,900

New
17d
Condo Townhouse3-Storey

159 Sandringham Crescent 78, London South

Total Monthly Obligation $2,034

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
17d
Score
36
Yield
9.7%
Cash on Cash
9.8%
Cap Rate
6.7%
5Y IRR
23.5%
10Y IRR
21.2%
Property Type-Condo Townhouse
MLS® Number-X13865724
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,146 (2025)
Maintenance-$445/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Baseboard (Electric)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-None, Window Unit(s)
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete, Block
Possession-Immediate
Neighbourhood-South R
Title-Residential Condo & Other

No agent assigned

Attention investors, flippers and renovators! 159 Sandringham Crescent, Unit 78 is a spacious 3-bedroom, 3-bathroom condo townhouse in South London with 1,366 sq. ft. above grade plus a finished lower level, priced to leave room for your vision. The ground-level foyer with 2-piece bath leads up to a generous living room with gas fireplace and sliding doors to a private deck and fenced yard. A few steps up, the dining area overlooks the living room and sits beside the kitchen and a second 2-piece bath. The top floor offers a large primary bedroom (approx. 19' x 12'), two more bedrooms and a 4-piece bath. The lower level adds a rec room and laundry area. Attached single garage plus private driveway parking, with visitor parking in the complex. Close to Westminster Ponds trails, the hospital, shopping, transit and Hwy 401. Vacant with immediate possession available. Property is being sold in "as is" condition. Dishwasher is the only appliance included; there is no refrigerator, stove or hot water heater on site. Bring your updates and unlock the value.

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$2,034/mo
Mortgage $1,210
Monthly Loss $1,715
Principal$318
Interest$891
Property Tax$179
Condo Fees$445
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.7%14
5-Year IRR
18.1%86
10-Year IRR
17.4%
Returns Index
48.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
36/ 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
$29,016/yr
NOI
$16,228/yr
Net Cash Flow
$143/mo
Cash Margin
5.9%14
Cash Flow Index
13.9/ 100
Risk Profile
Weight: 20%
DSCR
1.1237
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
44.7/ 100

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

Comparables

Properties near 159 Sandringham Crescent 78

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.