1928 Trailsway Drive, London South

$979,900
1928 Trailsway Drive

$979,900

New
15d
DetachedBungalow

1928 Trailsway Drive, London South

Total Monthly Obligation $4,939

Beds
4
Baths
3
Park
2
Sqft
2500-3000
DOM
15d
Score
15
Yield
3.4%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-X13874906
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-45.08 × 108.75 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$7,340 (2026)
Parking-4 - Attached
Basement-Full, Walk-Out, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP PREFERRED REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South B
Title-Residential Freehold

No agent assigned

Welcome to 1928 Trailsway Drive, an exceptional bungalow in sought-after Riverbend, where refined design meets effortless modern living. This beautifully appointed home showcases quality craftsmanship, elevated finishes, and a thoughtfully designed layout with over 2,500 sq. ft. of finished living space. The main level features engineered hardwood flooring, 8-foot interior doors, sleek black-framed windows, and an impressive open-concept living space. The designer kitchen offers upgraded quartz countertops, premium Bosch appliances, built-in wine storage, a custom tray cabinet, and an abundance of drawers and cabinetry. The great room is anchored by a natural gas fireplace and opens seamlessly to the covered outdoor living area. Two spacious bedrooms, a versatile den, and two full bathrooms complete the main level. The primary suite offers a luxurious ensuite with contemporary finishes and quartz countertops. The fully finished walkout lower level adds exceptional versatility with two additional bedrooms, a 3-piece bathroom, and a generous recreation room with wet bar-ideal for guests, family living, entertaining, or a private retreat. Additional highlights include a double-car garage, 8.5-foot basement ceilings, Power over Ethernet Ring cameras, Ethernet and fibre readiness, and a natural gas BBQ hookup. Ideally located steps from West 5 Village's dining, shopping and amenities, with Riverbend Park's trails and green space nearby, this sophisticated bungalow delivers the perfect balance of luxury, lifestyle, and low-maintenance living.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$783,920
Land Transfer Taxes$16,073
Legal Fees (Est.)
$
Total cash required for closing$213,553

Total Monthly Obligation

$4,939/mo
Mortgage $3,953
Monthly Loss $3,899
Principal$1,040
Interest$2,913
Property Tax$612
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,144/yr
NOI
$17,990/yr
Net Cash Flow
-$2,454/mo
Cash Margin
-88.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.2/ 100

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

Comparables

Properties near 1928 Trailsway Drive

Time

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