216 Knott Drive, London South

$1,099,900
216 Knott Drive

$1,099,900

New
17d
Detached2-Storey

216 Knott Drive, London South

Total Monthly Obligation $4,812

Beds
6
Baths
5
Park
2
Sqft
2500-3000
DOM
17d
Score
18
Yield
3.8%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13871716
Beds-6
Bathrooms-5
Size-2500-3000 sqft
Lot Size-47.17 × 108.46 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Apartment, Full, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP. SHAHIN TABESHFARD INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-South W
Title-Residential Freehold

No agent assigned

Welcome to 216 Knott Drive in the desirable southwest community of Middleton. With impressive attention to detail; nothing has been overlooked in this stunning and modern 2-storey home built by Starwood Homes. Offering 2,624 sq ft of open concept living space; 4 + 2 bedrooms, 4.5 bathrooms, double car garage and also includes a legal duplex with 2 bedrooms, a 4 pc bath, kitchen and living area as well as in suite laundry. The front elevation consists of a beautiful stone facade with an impressive entry & concrete driveway. As you enter into the home the main floor features 9' ceilings and boasts a stunning spacious foyer with wood stairs and classic wrought iron spindles for a sleek modern design. Boasting contemporary hardwood flooring and elegant tile throughout, the main living area features large floor to ceiling windows allowing for loads of natural light; and perfectly accenting the stylish and sleek contemporary fireplace. The gourmet chef's kitchen features quartz countertops with fluted island accent, a walk-in pantry, built in double oven and gas cook-top, as well as a charming dinette--creating a fantastic open concept space for entertaining family and friends. Moving upstairs, you'll find 4 bedrooms as well as 3 full bathrooms including a large primary retreat, boasting a luxurious 4-piece ensuite complete with walk-in shower, his and hers vanities and a large walk-in closet with built in organizers. Finishing off the upstairs are 3 additional spacious bedrooms; as well as an additional 4 pc bathroom and 3 pc jr. ensuite. This growing subdivision is located just minutes from Highways 401/402; close to many of the great amenities that south west London has to offer.

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

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$4,812/mo
Mortgage $4,437
Monthly Loss $3,644
Principal$1,168
Interest$3,269
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$41,976/yr
NOI
$33,278/yr
Net Cash Flow
-$1,663/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.0/ 100

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

Comparables

Properties near 216 Knott Drive

Time

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