464 Commissioners Road W 51, London South

$485,000
464 Commissioners Road W 51

$485,000

New
16d
Condo TownhouseBungalow

464 Commissioners Road W 51, London South

Total Monthly Obligation $2,874

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
16d
Score
20
Yield
6.0%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-X13871554
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,057 (2025)
Maintenance-$380/mo
Locker-None
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-South N
Title-Residential Condo & Other

No agent assigned

Welcome to 51-464 Commissioners Road West. This tidy end unit is nestled in a quiet residential enclave of condominium bungalows and steps to all your amenities. A well maintained 2 bedroom, 2 bathroom home, this bungalow is finished with bamboo flooring throughout the main living areas. The space is, open, bright and roomy and even has a pantry. The primary bedroom has extra height with the vaulted ceiling, and an ensuite bathroom with separate shower and corner soaker tub. The second bedroom is perfect as a guest room or office. Benefit from the convenience of main floor laundry with a stacked washer and dryer. The lower level is unfinished with a 3 piece rough in bathroom, ready for your future living space. With shopping, dining, and pharmacy at your doorstep, this home is situated with all the convenience of main access routes while enjoying a quiet space set back within the complex.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$2,874/mo
Mortgage $1,956
Monthly Loss $2,360
Principal$515
Interest$1,442
Property Tax$338
Condo Fees$380
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.4%31
10-Year IRR
10.2%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,896/yr
NOI
$14,989/yr
Net Cash Flow
-$707/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
27.7/ 100

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

Comparables

Properties near 464 Commissioners Road W 51

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.